Authorities in northern Bac Giang province have granted investment licenses to two Singaporean projects with capital of $132 million in total.
One is invested in by the Singaporean-based HIUV Applied Materials Technology Investment Pte. Ltd, with investment of $90 million.
It will be located at the Viet Han Industrial Park in Viet Yen district and specialize in manufacturing self-adhesive PET protective film, EAV film, silicone film, film materials, and plastic products and materials serving the solar energy industry.
The second project is invested in by the Yonz Technology Singapore Pte. Ltd at Yen Lu Industrial Park in Yen Dung district.
With total investment of $42 million, the factory is designed to annually produce some 110,000 tons of aluminum frames for the solar battery manufacturing and assembly industry.