On July 8, 2009, the Management Board of Quang Ninh Industrial Zones held a ceremony to awarded investment certificate to DongMinh Crane Equipment Company with a total investment of 2 million dollars.
Crane Equipment Co., Ltd. Dong Minh is headquartered in China specializing in producing steel shaft and products in the fields of precision engineering - high technology. Early May, the company has signed a lease of 7148 m2 of land in Hai Yen Industrial Zone from Viglacera to build factories in Vietnam.
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| Awarded investment certificate for Chinese enterprise in Management Board of Quang Ninh industrial zones. |
Mr. Ly Minh - Director of Dong Minh Crane Equipment Co., Ltd. said, the reason his company selected in Hai Yen Industrial Zone is the uniform and complete infrastructure with electricity and water system, information system, internal transport system. Currently, the company's products are exported to factories in major cities in Vietnam such as Hanoi, Hai Phong, Ho Chi Minh... Orders must be large and it takes 2 to 3 months to carry out. Furthermore, the price is pushed up due to higher transportation costs.
Mr. Ly Minh also said that the factory has been designed and will be built on an area of 4000 m2, with a capacity of 700 tones per year. The plant will use up raw materials produced in Vietnam, creating jobs for about 200 skillful workers. It is expected that plant will go into production at the late quarter I/2010; products are sold mainly to the domestic market.
Mr. Vu Van Thin - Head of the Management Committee of Quang Ninh industrial zones claimed that, in the next time, 13 bid package to renovate roads Mong Cai - Ha Long will be mass deployed, after completing, the route will reach third-level standard for inter-provincial road. In addition, Quang Ninh Province is building Mong Cai - Ha Long national highway in the program "Two corridors, one belt", parallel upgrading export containers Mong Cai port – supporting exports and imports between the two countries – Vietnam and China.
Thin also shared the need for coordination between infrastructure investors and local government, particularly the policies must be clear, transparent, open and democratic for all investors, so that the investors will know well and apply to their business condition and strategy.
Mr. Thin is committed to creat favorable conditions for enterprises investing in Hai Yen industrial zones of Viglacera Land. They will resolve administrative procedures and related thing in a quick, convenient way. The Quang Ninh provincial authorities are also creating comfortable conditions for enterprises when investing in Hai Yen industrial zone.
Viglacera Land