LG Electronics to invest news factory in Trang Due Industrial Park

Source: Pano feed

The Hanoitimes – LG Electronics recently announced it is placing its new 100,000 square metre factory in Trang Due Industrial Park in the northern city of Haiphong into operation in October.


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The new facility to manufacture and export electronic products and electrical household appliances has an expected localization rate of 50%.



LG Electronics Vietnam General Director Ko Tae Yeon, revealed the group plans to expand the facilities to 402,600 square metres over the next 10 years at an estimated cost of US$1.5 billion.


By Bach Nhat




Đăng ký: VietNam News

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