This project is invested by Sanhua Vietnam Co., Ltd., a member of Sanhua Holdings Group (China), with the goal of producing air conditioning valves and related components. Started in August 2018, phase 1 of the project has been completed and put into effective operation, contributing to improving production capacity.
After the success of phase 1, Sanhua Vietnam continued to invest more than 60 million USD to implement phase 2, expanding the factory area to more than 13 hectares. This phase was completed earlier than expected, marking an important step in the company's production expansion plan in Vietnam.
Mr. Yu Li Jun, General Director of Sanhua Vietnam, said that with the active support from the government and departments of Hai Phong City, the company has increased investment and become an important link in the global production chain of Sanhua Group.
Speaking at the ceremony, Mr. Le Trung Kien, Head of Hai Phong Economic Zone Management, affirmed that the city will continue to create the best conditions for foreign enterprises, especially Chinese investors, to develop business in Hai Phong.
