RoK business pushes for partnership with Hung Yen
Thursday, 11:13, 25/05/2017
Hyundai Aluminum Vina shareholding company, which belongs to the Aluko group from the Republic of Korea, and authorities in the northern province of Hung Yen signed a memorandum of understanding on May 24.
Kim Kyoung Hun said he wants to see win-win cooperation between the sides, with investment focused on high-tech farming and agricultural processing, among other sectors.
Nguyen Van Phong, Chairman of the provincial People Committee, introduced local strengths and industrial projects, including the 3,000-ha Ly Thuong Kiet industrial urban area and the 1,000-ha Pho Hien university complex.
He invited Korean investors to invest in the local market, particularly in industry, agriculture, health, education and culture.
Dang Ngoc Quynh, Vice Chairman of the provincial People’s Committee, said Hung Yen will create the best conditions possible for the company to study the feasibility of a 200-ha project at the Ly Thuong Kiet urban area.