Flat solar glass group invests US$200 mln in Haiphong
The Haiphong Industrial Zone Management Board has granted an investment license to Flat Group from Hong Kong (China) for a solar glass factory worth US$200 million.
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The factory will cover 21.8 hectares in the Dinh Vu Industrial Park, reported Dau Tu newspaper.
It is expected to put into operation in late 2017 with a capacity of producing about 580,000 tonnes of solar glass each year.
Haiphong holds its position among the country’s top performers in foreign direct investment (FDI) attraction with 31 newly-registered and capital adjusted projects valued at more than US$1.74 billion in the first five months of the year.
Large economic groups from Japan, the Republic of Korea (RoK) and Belgium chose Haiphong to land their investments thanks to the northern port city’s favourable geographical location and potential.
The city is housing more than 450 valid FDI projects with a total registered capital of over US$12 billion.
