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On the afternoon of November 17, comrade Le Trung Kien, Member of the Standing Committee of the City Party Committee, Head of the Management Board of Hai Phong Economic Zone inspected the progress of construction and opening [...]



Through actual inspection, comrade Le Trung Kien, Head of the Management Board of Hai Phong Economic Zone, recognized and highly appreciated the determination and results of implementing the "dual goal" of LG Display Company, especially in the context of a complicated epidemic but the unit is still determined to expand its production scale. Comrade Le Trung Kien affirmed that the Economic Zone Management Board always accompanies, closely coordinates, and is ready to resolve difficulties and problems related to project progress. He noted that LG Display has many workers, so there needs to be a synchronous solution, strict management, and strict implementation of disease prevention and control regulations, both in the factory and on the construction site; Establish a quick response team to promptly handle related issues. TAmong them, the most important measure is to firmly grasp the workers' travel schedule; Require truthful medical declaration; Closely monitor, especially workers from outside provinces, determined not to let infections arise, keep production safe and protect workers' health...

According to company leaders, from the beginning of the year until now, the company has maintained continuous production, ensuring the completion of signed orders. In addition to the two factories H1 and H2 that have been put into use, from August 2021, the company will deploy the construction of factory H3 on an area of more than 4 hectares in Trang Due Industrial Park, including a 6-storey factory area, a 4-storey administrative building with a garage, security house, bus parking area, bridge between buildings... Currently, the construction progress is very urgent, expected to be completed in the first quarter of 2023. LG Display Company strictly complies with regulations on COVID-19 epidemic prevention and control. Currently, most workers have been vaccinated against COVID-19. Some F0 cases and F1 cases are closely managed and monitored, not to affect production. NgWorkers on the construction site are strictly controlled, ensuring epidemic prevention and control./.
LG Display Company currently has the largest FDI investment capital in Hai Phong. In 2021 alone, the company will have two capital increases with a total of more than 2.1 billion USD, bringing total investment capital to 4.65 billion USD. With this investment, the company increased plastic OLED screen output from 9.6-10 million products/month to 13-14 million products/month. It is expected that export revenue will increase by about 6.5 billion USD/year; contribute about 25 million USD/year to the budget, creating more jobs for 10,000 workers.
News and Photos: Hiep Le
Source: thanhphohaiphong.gov.vn