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Publication permit No: 60/GP-TTĐT , April 05, 2010.
ABB to build new plant in Vietnam
Date: 4/25/2009 11:40:00 AM
Switzerland-based power and automation technology group ABB will start constructing a new factory in northern Bac Ninh Province tomorrow, the company said in a statement.
The plant, worth nearly US$30 million, will cover 87,000 square meters in Tien Son Industrial Zone and is expected to be fully operational by the end of 2009.
The company said it plans to hire several hundred locals to work at the factory, which will produce medium and high voltage power products for both the domestic and international markets.
ABB Group operates in some 100 countries and has about 120,000 employees worldwide.
(Source:Thanh Nien News)
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NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
