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Project with Japanese investment to invest in the production of components for all types of Speakers On March 16, 2015, the Hai Phong Economic Zone Management Board granted [...]

On March 16, 2015, Hai Phong Economic Zone Management Board issued an Investment Certificate to investor Mogami Denki Corporation (Japan) to implement the projectn "Factory manufacturing components for all kinds of speakers" associated with the establishment of Mogami Vietnam Co., Ltd. (One Member LLC) in VSIP Hai Phong Urban, Industrial and Service Area, Thuy Nguyen District, Dinh Vu - Cat Hai Economic Zone, Hai Phong City.
The project is implemented with the goal of producing and processing speaker membranes and components for all types of speakers; Scale (for stable production year): 50,000,000 products/year; Revenue is about 29,370,000 USD/year. The total investment capital of the project is equivalent to 6.95 million USD, of which the capital contribution to implement the project is equivalent to 4.95 million USD. The land area expected to be used is 10,360 m2. The project's operating term is 44 years from the date of issuance of the Investment Certificate. As expected, the project will be officially produced from September 2015./.