MOU signing ceremony for solar cell base manufacturing factory investment project in Hoang Mai II Industrial Park
On the afternoon of March 26, at the Office of the
Provincial People’s Committee (PPC), the Signing
Ceremony of the Investment Memorandum of Understanding for solar panel factory
investment project took place between Hoang Thinh Dat Corporation and Hainan
Drinda New Energy Technology Co., Ltd. (China) in Hoang Mai II Industrial Park.
Attending
the signing ceremony and representing the investors were: Mr. Chau Tieu Huy – Deputy General Director
of Hainan Drinda New Energy Technology Co., Ltd.; Mr. Hoang Van Duong – Chairman of the Board of
Directors and concurrently General Director of Hoang Thinh Dat Corporation;
Overview of the signing ceremony
At
the Signing Ceremony, Mr. Chau Tieu
Huy – Deputy General Director of Hainan Drinda New Energy Technology Co., Ltd. said that: Currently, the Company's products and
technology lead the world in solar cell base manufacture. Through the investment survey process in
Southeast Asian countries, the Company chose to invest in Hoang Mai II
Industrial Park, located in the Southeast Economic Zone of Nghe An province.
The project involves the construction of a 14GW solar cell base manufacturing
factory in Hoang Mai II Industrial Park, located in the Southeast Economic
Zone, with a land area of 50 hectares (divided into 2 phases). Phase 1 is
expected to use 30 hectares of land, with a total investment of 450 million USD;
electricity demand is 70 MVA. The construction is scheduled to be completed and
operational in the fourth quarter of 2024. The project will utilize the most
advanced technology available today. Additionally, the company will involve
more suppliers within the ecosystem to participate in the investment in Hoang
Mai II Industrial Park and create opportunities for socio-economic development
and increasing employment for local workers.
Representatives of the parties sign the investment
agreement minutes
By surveying, the Company highly appreciates the
province's investment environment. At the same time, thanks the attention, and support investors
from the provincial government and very good
investment environment for businesses. After the signing ceremony, the Company
will immediately implement the next steps of the project and propose that Hoang
Mai II Industrial Park speeds up the progress of infrastructure construction
for the project. The company hopes that provincial leaders, leaders of
departments, committees, agencies and Hoang Mai II Industrial Park will
coordinate to go into operation in December 2024.
The Company also hopes that Nghe An provincial
government, departments and branches
shall support the Company in proposing incentives,
especially incentives in the high-tech science and technology industry. The
company undertakes to strictly comply with the provisions of Viet Nam law.
Vice Chairman of the PPC Bui Thanh An speaks
The Vice Chairman of the PPC Bui
Thanh An expressed his joy at witnessing the signing ceremony of the Memorandum
of Understanding for leasing land in the Hoang Mai II Industrial Park between
Hoang Thinh Dat Corporation and Hainan Drinda New Energy Technology Co., Ltd to
implement the project of manufacturing high-performance solar panels.
Vice Chairman of the PP said that in
recent years, Viet Nam's high-tech industry and new energy industry have
developed strongly. Nghe An has welcomed many high-tech investors such as
Luxshare, Goertek, Foxconn, Everwin, Juteng, Sunny, Runergy, Shandong, Radian
Opto, etc. to invest in the province. Nghe An has become the center for
manufacturing electronic components and green energy in Viet Nam.
Nghe An has advantages in terms of preferential mechanisms of the
Government, advantages in people, readiness for clean land, especially the
companionship of the government system in the development of industrial park
investors as well as secondary investors. In the last 3 years, Nghe An has had
a strong breakthrough in attracting FDI investment, from ranking 20th
in 2021 (497.26 million USD) to 10th in 2022 (961.3 million USD) and
ranking 8th in the localities attracting the largest FDI in the
country (1.605 billion USD) in 2023, becoming the 3rd FDI attraction
center in Viet Nam.
Hoang Thinh Dat is a large, experienced investor who has invested in large
industrial parks in Viet Nam. With the investment in Hoang Mai II Industrial
Park, the Vice Chairman of PPC believed that with the support of the government
and the support of Hoang Thinh Dat - investor of Hoang Mai 2, the Company will
successfully implement the project.
Nghe An province highly appreciates the implementation of the solar
panel manufacturing investment project by Hainan Drinda New Energy Technology
Co., Ltd, thereby contributing to the promotion of renewable energy, clean
energy, and new energy usage in Nghe An province and Viet Nam as a whole. This
will help realize the goal of achieving net-zero emissions by 2050, as Viet Nam
has committed.
To complete the project on schedule, the Vice Chairman of
the PPC requested Hoang Thinh Dat Corporation, departments, committees, branches,
and Hoang Mai town to closely coordinate and effectively prepare the land and infrastructure to serve
investors. The province assigned the Southeast Economic Zone Management Board
and the Department of Planning and Investment to coordinate with the Ministry
of Planning and Investment to implement high-tech incentives for the project
and implement commitments of the Viet Nam Government on global minimum tax
offset.
PT