Proposal for a project to produce 500 million USD electric motorbikes and cars in Thai Nguyen

Việt Bắc |

Investors from Hong Kong and Taiwan (China) conducted a survey and proposed to build factories to produce a number of types of cars and electric motorbikes in Thai Nguyen.

On the afternoon of December 3, Mr. Vuong Quoc Tuan - Chairman of Thai Nguyen Provincial People's Committee received and worked with investors in the field of automobile and electric motorbike manufacturing from Hong Kong and Taiwan (China) who are surveying and proposing to build factories in Thai Nguyen.

According to information from the investor, in December, the enterprise will conduct an official survey, proposing to build a factory to produce electric motorbikes, trucks, dump trucks, tractors, and specialized vehicles in Thai Nguyen. The initial phase is expected to invest 500 million USD, then continue to expand.

Mr. Vuong Quoc Tuan expressed his pleasure at welcoming a delegation of enterprises to survey and learn about the investment environment in Thai Nguyen and highly appreciated the spirit of cooperation, professionalism and goodwill of Chinese enterprises during the working process.

According to the Chairman of Thai Nguyen Provincial People's Committee, the locality hopes to attract large-scale investors, in line with the orientation of industrial development, and form concentrated production areas. Ready to suggest more cooperation opportunities in areas where businesses have strengths.

At the same time, the Chairman of the People's Committee of Thai Nguyen province pledged to create the most favorable conditions for the $500 million electric vehicle project of the Chinese investor regarding procedures, time to process documents as well as support survey activities and project implementation.

In this survey, DUYLINK Investment Joint Stock Company, Chengling Automobile Manufacturing Company and Zhaoling Electric Vehicle Manufacturing Company will assess the necessary conditions, search for the site, and propose the construction of a factory in stages.

Việt Bắc
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