Quang Chau industrial park received 550 million invested capitals from Hong Kong investors
In the afternoon on Sep 14th 2016, on the Vietnam - Hong Kong Business and Investment Conference, cooperation agreements between Vietnamese and Hongkong partners were signed. Kinhbac City Development Holding Corporation (KBC) has attended the conference in which it signed the in-principle agreement on subleasing 14ha land with Luxshare – ICT Corporation.
Kinhbac City Development Holding Corporation accompanied the Prime Minister during the official visit in China and Hongkong from 10th to 15th Sep 2016. In this visit, KBC has signed two in-principle agreements with two partners: Agreement in China – Asean high-level Summit in Nanning province with JA Corporation (which is the biggest manufacturer of solar energy products in China and the fourth biggest one in the world), on which its project is to manufacture solar energy battery on 40ha scale with 450 million USD, accordingly, JA Solar Corporation will continue to expand 40ha land more in Quang Chau industrial park (Bac Giang province) to implement the project; And an agreement signed on the Vietnam-Hongkong Business and Investment Conference with Luxshare – ICT Corporation on which its project is to manufacture electric components on 14ha scale with total invested capital of 100 billion USD.
The Prime Minister of Vietnam – Nguyen Xuan Phuc, Mr. Vu Tien Loc – Director of the VIIC, Mr. Rimsky Yuen – Hongkong Special Administrative Director, PhD. Jonnathan Choi - Permanent honorary president of the Chinese Chamber of Commerce and Industry in Hong Kong and the senior leaders of Vietnam and Hong Kong.
Signing Ceremony at the Hong Kong – Vietnam Business and Investment Conference
Luxshare – ICT focuses on Research and Development, leading on technology. Its major products are cables and 3C connector (computer, communication and consumer electronics), cables for automobile and for medicine. Particularly, Luxshare – ICT is a high-tech company, specializing in components that supply to big mobile branches: Apple, Samsung, Lenovo, Sony, Asus, Dell, Huawei…
Listed on Stock Market in 2010, Luxshare is a A-class stock in Shēnzhèn Stock Exchange (Stock code: 002.475). Headquartering in Dongquan, Luxshare has subsidiaries in Shēnzhèn, zhuhai, Jí'ān, Kūnshān, Zhōu Hào, ChúZhōu, HúZhōu, FúZhōu, Taiwan, Germany, Great Britain, America and Japan with up to 45.000 employees. Besides, Luxshare – ICT has trading offices in Běijīng, Kūnshān, Shànghǎi, Wǔhàn, Shēnzhèn, Dōngguān, Hong Kong; representative offices in Taipei, Yokohama, Seoul, Singapore, San Jose, Austin, Raleigh US and Manchester UK. The annual average growth was always between 40%-50% since 2006 up to now.
The project of Luxshare – ICT in Quang Chau industrial park is on 14ha scale with the total invested capital of 100 million USD, providing jobs for over 6000 local labors. The project will be launched right on Oct 2016.
Quang Chau IP is a typical IP of KBC, contributing on the achievement of attracting FDI for many consecutive years. The agreements with JA Solar and Luxshare – ICT has confirmed its attractiveness. Having Luxshare-ICT project, in Q3 2016, Quang Chau IP was almost filled in the 3rd quarter for the 2nd phase and continues to expand the 3rd phase in the near future to provide land for the investors. Thus, in the visit of the Prime Minister, Quang Chau IP of KBC has signed two major contracts, attracting more 2 large projects with a total investment of up to US $ 550.
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