On the morning of November 28, Vice Chairman of the Provincial People's Committee (PPC) Bui Thanh An, leaders of the Southeast Economic Zone Management Board, leaders of related departments and branches had a working session with Radiant Opto-Electronic Corporation from Taiwan.

Vice Chairman of the PPC Bui Thanh An delivers a speech

Expressing his joy to welcome and work with Radiant Opto-Electronic Corporation to research and propose investment in VSIP Nghe An industrial park, Vice Chairman of the PPC Bui Thanh An wishes and believes the Economic cooperation between investors and Nghe An province shall continue to develop. Enterprises have more opportunities to collaborate and develop together on this land.

He said that thanks to the available advantages of geographical location, investment ground, abundant human resources; economic and political stability; transport infrastructure and social service infrastructure have been invested synchronously in the province. Nghe An provincial authorities at all levels regularly catch to improve the investment environment, reform administrative procedures, promptly support and resolve difficulties and problems for investors. In recent years, Nghe An has been highly appreciated and become one of the destinations with much potential, development and success for foreign investors.

The PPC introduces to investors the potential, advantages and preferential policies when investing in Nghe An province

Currently, there are 131 projects in the province of investors from 14 countries and territories (mainly Northeast Asia and ASEAN) with a total registered capital of nearly 3.9 billion USD. In which, investors from Taiwan, Hong Kong and China ranked first in the number of projects and investment capital with 52 projects with a total registered investment capital of more than 2 billion USD.

In particular, in 2023, Nghe An's FDI capital reaches 1.3 billion USD, exceeding the mark of 1 billion USD/year. With that result, this is the second consecutive year that Nghe An province is in the group of 10 provinces and cities attracting FDI capital nationwide. That most clearly demonstrates the trust of foreign investors in the efforts and determination of Nghe An province and its authorities at all levels in attracting foreign investment capital.

It is known that Radiant Opto-Electronic Corporation is a Corporation that manufactures optical components, light guide panel, Module background, assembling the LCD modules. The company has factories in Taiwan and China. Currently, the Corporation is choosing VSIP Nghe An industrial park to research the location and propose investment in a project to manufacture optical components, light guide panel, Module background, assembling the LCD modules. With a land use scale of about 8.2 hectares, with a total registered investment capital of about 120 million USD, the project is expected to complete construction and begin operations at the end of 2024.

With the presence of 08 leading corporations in the world manufacturing electronic components, technology, and green energy, such as: Luxshare - ICT Group, Goertek, Everwin, JuTeng, Foxconn, Sunny, Runergy, Shandong, Nghe An province is gradually forming a leading electronic and technology equipment manufacturing center in the North Central region.

The Vice Chairman Bui Thanh An affirmed that the PPC is committed to standing side by side, accompanying and creating the most favorable conditions in policies, investment and business environment, and supporting investors in the process of investment as well as in the manufacture and business process when the project comes into operation.

He also expressed his desire and confidence in the cooperation between investors and the provincial government as well as the cooperation between enterprises that will turn Nghe An into a prosperous province in the future.

Mr. Justin Wang - Chairman of Radiant Opto-Electronic Corporation speaks

Mr. Justin Wang introduced the key products of the Group and the corporation’s formation, construction and development process over nearly 30 years. He also said that to meet the needs of global customers, satellite companies are needed. And the corporation chose Viet Nam and Nghe An to invest because it has abundant human resources and Viet Nam has very good trade policies. Mr. Justin Wang hopes that the Nghe An government, VSIP and the corporation will work side by side to create success in this land.

Phan Quynh