The first phase of a $690 million electronics plant in northern Quang Ninh province was kicked off on March 18 by Lite-On Technology, one of the world's top 10 corporations specializing in manufacturing electronic components for computers, mobile phones, and other devices.

Covering 30ha at Song Khoai Industrial Park in Quang Yen township, the facility will specialize in manufacturing electronic components for computers, optical devices, lighting equipment, and communication technologies.

Once fully operational, it is expected to produce nearly 124 million units annually.

The construction is scheduled for completion in November this year.

The project demonstrates the province’s commitment to administrative reform and a business-friendly environment to attract high-tech, smart, and eco-friendly industrial investments.