Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
Prime Minister Pham Minh Chinh and
leaders of ministries, sectors and Hoa Binh province at the groundbreaking
ceremony.
In his speech, PM Chinh congratulated Meiko on its investment in the province
that boasts geographical advantages, inter-regional transport infrastructure,
abundant workforce and sound supporting policies, highlighting the project is
significant to the province’s development, economic structure shifting and job
generation for local workers.
At the ground-breaking ceremony.
Laying a stress on the motto of "harmonising benefits, sharing risks”, PM Chinh
affirmed that the Government and ministries pledged to have stable strategic
policies, create strategic infrastructure, including transport, electricity,
telecommunications, favourable conditions for investors and reform
institutions.
PM Pham Minh Chinh speaks at the ground-breaking ceremony.
He asked local leaders to direct settlement of administrative procedures and
removal of bottlenecks for Meiko, helping the firm and its contractors to carry
out the project, ensure labour safety and strive to complete it ahead of
schedule with good quality.
The government leader expressed his hope that the factory will make important
contributions to the province’s comprehensive development.
The Meiko Group's Vice Chairman Sakate affirmed that when the factory is put
into operation, it will generate some 300 million USD in revenue and 2,000 jobs
for local workers.
Meiko Group Vice Chairman Sakate at the ceremony.
Established in 1975 in Kanagawa prefecture, Meiko has become a leading
corporation in the world in manufacturing and assembling electronic circuits,
with six factories in Japan, two in China and many representative offices and affiliates
across the globe.
To date, it has invested over 800 million USD in four PCB factories in
Vietnam./.
On the occasion, Meiko donates 500 million VND (19,780 USD) to Hoa Binh
province in an endeavor to demolish temporary houses and dilapidated houses.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
