(HBO) – The Standing Board of the Hoa Binh provincial Party Committee on October 23 had a working session with a delegation from Japan-based Meiko Group on the construction of an electronic circuit plant at the Da River Left Bank Industrial Park in Hoa Binh City.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, members of the Standing Board of the provincial Party Committee, and leaders from competent departments and branches have a working session with Meiko Group.
Meiko Group will rent a total 9.2 hectares of land and infrastructure of Da Hop JSC to build the 200-million-USD plant.
The group stands out as one of the world’s top corporations that produce and assemble printed circuit boards (PCB) and provide electronics manufacturing service (EMS), with five factories in Japan, two in China, and many representative offices and subsidiaries worldwide.
In Vietnam, it has landed some 500 million USD in the construction of three electronic circuit manufacturing and PCB factories, creating jobs for more than 7,000 workers and contributing around 30 million USD annually to the state budget.
A Meiko representative recommended the province support the group with investment procedures and adjustment of project planning and investment scale, while securing stable power supply and providing other necessary conditions so that the construction of the plant can begin in March 2024.
At the working session, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, and members of the Standing Board of the provincial Party Committee, committed to accompanying the group and creating the best conditions for it and many other firms to invest in the province.
He ordered relevant departments and branches to focus on helping the investor complete procedures to carry out the project in line with schedule.
The management board of the local industrial parks should join hands with departments and sectors to handle the planning issue; ensure stable power, clean water and rational sewage system for Meiko; and remove bottlenecks during the construction process in a timely fashion, striving to kickstart the plant construction in March 2024.
Long also asked Meiko to set up a working group which will work with local authorities to carry out the project.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
In 2024, Hoa Binh province witnessed signs of economic recovery, particularly in investment attraction. Notably, several projects are showing good progress, indicating that the vitality of businesses is positively correlated with the overall economic recovery.
The 25th Party congress of the Lac Thuy district for the 2020-2025 term identified the development of industry, trade, and services as its top priorities to drive the shift of the economic structure towards increasing the proportion of industry and services while reducing the that of agriculture, thus contributing to creating a motivation for socio-economic development in the locality.
Hoa Binh HKK Knitting Co. Ltd., located in the Hoa Binh Left Bank Industrial Zone, employs nearly 500 local workers with an average monthly salary of 8 million VND (3,150 USD).
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
