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Home / Lenovo wants to build a factory in Vietnam

Lenovo wants to build a factory in Vietnam

Date posted: 25/ 02/ 2019 - The poster: admin

Chinese electronics manufacturers have worked with Bac Ninh and Bac Giang provinces to discuss investment opportunities.

The representative of Lenovo Group has just had a meeting with leaders of Bac Ninh and Bac Giang provinces to seek investment opportunities to build a factory.

Mr. Bach Bang, General Director of Lenovo said that the group is in need of using 20-30 hectares of land to build a computer components factory. Production products will be exported to the US with expected output of about 3 billion USD.

The representative of Lenovo wants Bac Giang and Bac Ninh provinces to introduce industrial parks suitable for investment purposes, and at the same time, the provincial leaders will support enterprises’ preferential policies, high quality human resources, customs procedures. …

During the meeting in Bac Ninh, Chairman of the Provincial People’s Committee, Mr. Nguyen Tu Quynh welcomed the desire to invest in building Lenovo’s factory, and said that besides preferential policies for capital-funded projects Large investment, high disbursement rate, the province will have policies to support training human resources and housing for workers in the area; support to overcome difficulties, create favorable conditions for investment enterprises.

On the side of Bac Giang province, Mr. Nguyen Van Linh, Chairman of the provincial People’s Committee also expressed similar aspirations and said he wanted to research and learn to invest in the province.

Bac Ninh currently has 16 concentrated industrial parks, attracting more than 1,300 FDI projects with total investment capital of about 18 billion USD from 33 countries and territories, of which China ranks fifth with about 160 projects. . Meanwhile, Bac Giang currently has 92 investors, mainly Chinese enterprises investing in the field of manufacturing solar batteries and electronic components.

Lenovo Group is a multinational corporation in computer technology with its headquarters in Beijing (China) and Morrisville (USA). The group designs, develops, manufactures and sells products such as personal computers, tablets, smartphones, servers, electronic storage devices, management software and smart TVs.

Lenovo’s shares are currently listed on the Hong Kong stock market with a market capitalization of nearly $ 72 billion.

According to vnexpress.net

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