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Nghe An attracts another 120 million USD project, raising total FDI capital in 2023 to nearly 1.6 billion USD

Việt NamViệt Nam21/12/2023

The project is invested by Radiant Opto-Electronics Corporation (Taiwan) to build Radiant Opto-Electronics Vietnam Nghe An Factory in VSIP Nghe An Industrial, Urban and Service Park.

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The project is implemented by investor Radiant Opto-Electronics Corporation at VSIP Nghe An Industrial, Urban and Service Park. Photo: Thanh Cuong

The project has a design capacity of electronic components including backlight modules (BLU), light guide plates (LGP), brightness enhancing films (BEF), and plastic frame molding (M/F forming) in phase 1 of 35 million products/year (equivalent to 2,100 tons of products/year); phase 2 of 10 million products/year (equivalent to 600 tons of products/year).

At the same time, the investor provides factory rental services; accommodation for workers and experts working in VSIP Nghe An Industrial Park; maintenance and repair of products manufactured by the investor in VSIP Nghe An Industrial Park.

The area of the factory and warehouse for rent is about 45,000 m2 and the area of the accommodation for rent is about 14,093 m2 .

Thus, with the attraction of an additional project from investor Radiant Opto-Electronics Corporation with a capital of 120 million USD, in 2023, Nghe An attracted 1.583 billion USD of FDI capital, as of December 20, 2023, ranking 9th out of 63 provinces and cities nationwide.


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