Another FDI project worth over 65 million USD inaugurated in Quang Ninh

    Diệu Hoàng |

    Quang Ninh - On the afternoon of September 17, Vina CoreMax Vietnam Industrial Park Phase 1, with a total investment of more than 65 million USD, was inaugurated in Nam Tien Phong Industrial Park.

    The project was granted an investment registration certificate by the Quang Ninh Economic Zone Management Board on October 20, 2023, with a total capital of more than 65.3 million USD, on an area of about 8 hectares.

    The investor is CoreMax Group (Taiwan, China).

    The project's goal is to produce Niken sulfur crystals and Coban sulfur crystals to serve the Lithium-ion battery industry in the region and the world.

    The designed capacity reaches 49,280 tons of products/year, divided into 2 phases: phase 1 will be operated from September 2025, phase 2 is expected to be completed in January 2027.

    After the inauguration ceremony, delegates performed the ceremony of attaching a signboard to the project to welcome the 16th Quang Ninh Provincial Party Congress, term 2025-2030.

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