On the afternoon of May 28, Vice Chairman of the City People's Committee Hoang Minh Cuong received and worked with Zhenxing Group (China) on promoting the construction of complex [...]
On the afternoon of May 28, Vice Chairman of the City People's Committee Hoang Minh Cuong received and worked with Zhenxing Group (China) on promoting the construction of commercial cooperation zones and international industrial parks between Hai Phong and Chengdu city, Sichuan province (China).
At the meeting, Vice Chairman of the City People's Committee Hoang Minh Cuong introduced some features of the city. Accordingly, with 5 types of transportation, especially the largest seaport system in the North, directly connecting to the Americas and Europe, Hai Phong is always in the top of Vietnam in terms of growth rate and foreign investment attraction. Regarding development potential, currently the city has established 14 Industrial Parks, and continues to focus on developing 20 new Industrial Parks with a total area of more than 7,000 hectares. In particular, Hai Phong has been approved by the Vietnamese Government to establish a Southern Coastal Economic Zone with an area of about 20,000 hectares - an integrated coastal economic zone following the model of green growth, circular economy, sustainable development, and sustainable development.That bee has a free trade zone with breakthrough and outstanding mechanisms and policies; Connecting with other coastal economic zones, creating a driving force for development in the Red River Delta.
The city welcomes and is ready to create conditions and support corporations to survey and seek business investment cooperation opportunities in Hai Phong. At the same time, committed to creating favorable conditions and accompanying businesses in the process of surveying, investing, and doing business in the locality.
Thanking the city leaders for taking the time to introduce the investment environment in Hai Phong, Mr. Tang Hien Ban, Deputy Secretary of the Party Committee, Vice Chairman, General Director of Zhenxing Group expressed his impression with the city's development. Hai Phong's conditions are very suitable for the Group's investment orientation. Introducing Zhenxing Group, Mr. Tang Xianbin said: Sichuan Industry Promotion Fund Investment Group Co., Ltd. (Zhenxing Group) is a comprehensive fund investment group, integrating fields such as fund investment, science and technology innovation industry and asset management. Currently, the Group is a large-scale core enterprise under the Sichuan Provincial Government, and is also the management agency of the Industrial Investment Guidance Fund.p of the province, and serves as Chairman of the Sichuan Investment Fund Association, with a subject credit rating of AAA. Zhenxing, focuses on research, development and production of electronic regulators, wireless communication modules.
In 2023, Xuguang Technology Co., Ltd. (Zhenxing Group) established Xuguang Technology (Vietnam) Co., Ltd. in Hai Phong with a registered capital of 4.15 million USD with 2024 goods output reaching 6.385 million USD. Taking advantage of Xuguang Technology's resources in Hai Phong, Zhenxing Group wishes to promote the construction of commercial cooperation zones and international industrial parks between Hai Phong city and Chengdu city, Sichuan province./.
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