Automotive electrical wiring system production project adjusted to increase total investment capital to 30.84 million USD On November 10, 2014, Hai Phong Economic Zone Management Board […]
On November 10, 2014, Hai Phong Economic Zone Management Board issued an adjusted Investment Certificate to the Company Limited Yazaki Hai Phong Vietnam, certificate of adjustment to increase total investment capital to implement the project "Manufacturing electrical wiring systems for automobiles" at Nomura Industrial Park - Hai Phong, An Duong district, Hai Phong city.
Accordingly, the total investment capital of the project was adjusted to increase from 33.16 million USD to 64 million USD.
The project to produce automotive electrical wiring systems has the goal of producing for export all (100%) of the products being automotive detail assemblies such as wiring systems and electrical equipment assemblies. The main product is automotive electrical wiring systems with an output of 1,132,745 sets/year. This is the 4th foreign-invested project in the fourth quarter of 2014 to adjust to increase total investment capital and the 18th project in Hai Phong industrial parks and economic zones to adjust to increase total investment capital since the beginning of 2014 until now./.
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