by ,http://vietnamnews.vn/economy/451442/esmo-starts-construction-of-the-first-wiring-harness-facility-i09 July 2018 Last updated at 16:59 PM
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The design of ESMO VINA factory which has been started construction in Ninh Bình Province. — Photo courtesy of ESMO VINA |
HÀ NỘI — ESMO Group from South Korea (formerly NEXEN TECH) has just started construction of ESMO VINA - its first wiring harness factory in Việt Nam.
With total investment of VNĐ700 billion (US$30.4 million), this facility, located in Gia Phú Industrial Zone, the northern province of Ninh Bình, is expected to create about 2,000 jobs.
The ceremony on Sunday was attended by South Korean Ambassador Kim Do-hyun, General Director of ESMO Korea Kim Cheong-hoon and General Director of Global Land (ESMO) in Việt Nam Lee Jong-wook.
Its key product line is Wiring Harness - the company’s flagship product with a production volume of about 450,000 products per year - used in large and small buses as well as Battery Module Harness (battery module system) and electric vehicle charger cables.
Based on manufacturing experience and using high-quality local and international engineers, ESMO Group is expected to boost growth for Ninh Bình Province and Việt Nam. — VNS