VinFast to pour over 280 million more into Ha Tinh
Ha Tinh Economic Zone Management Authority has granted approval for VinFast to implement a factory and auxiliary facilities project at Vinhomes Vung Ang Industrial Park
On August 26, VinFast announced a substantial $282 million investment in a new factory and auxiliary facilities project in Ha Tinh. The factory complex spans 82 hectares and is set to be fully operational by 2029. The investor has committed over $84.4 million, with the remainder of the capital mobilized. Construction of the component warehouse and auxiliary facilities is expected to commence before the end of September, with completion anticipated in the second quarter of 2027.
Following this, the factory and other auxiliary facilities will be built from then until the second quarter of 2029. The investor is tasked with ensuring the project adheres to the investment plan, utilizing modern, eco-friendly technologies, and implementing automation for enhanced efficiency, worker safety, and resource conservation.
The project incorporates a closed-loop production system, coupled with a system for exhaust gas, wastewater, solid waste, and hazardous waste treatment, in line with Vinhomes Vung Ang Industrial Park regulations. This expansion is expected to augment the existing workshop, warehouse, and auxiliary facilities within the industrial park, providing additional production and business space to attract more enterprises to the region.
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