Issuance of Investment Certificate for Taiwanese enterprise ty le keo bong da Dong Mai industrial park

On July 12th, 2016, Vietnam Vega Balls company under Taiwan Yuan Chi Group was officially granted with investment certificate ty le keo bong da Dong Mai Viglacera Industrial Park.

Chi Yuan Group was established ty le keo bong da 1949 and well known for the production of sports equipment, especially for basketball products. Currently, Yuan Chi Group has 3 factories ty le keo bong da China, two factories ty le keo bong da Thailand, and is ranked ty le keo bong da the Top 5 leading manufacturers of basketballs, exporting mainly to the US and European markets.

Yuan Chi Group representative said, “With the increasing demand from major sports brands ty le keo bong da the world, the Group has decided to invest another factory ty le keo bong da Vietnam. Since 2015, we have examined a lot of industrial parks ty le keo bong da Hai Phong, Hai Duong, Vinh Phuc provinces and finally considered Dong Mai Industrial Park as the best choice because its proximity to 2 large ports ty le keo bong da the North of Hai Phong and Cai Lan makes it convenient for exporting, particularly the highway connected from Halong to Hanoi – Hai Phong expressway is under construction and  expected to complete by the end of 2017, it will shorten the distance from the Park to Hanoi within 1 hour and 30 minutes. Vietnam Vega Balls project will have a total investment of 330 billion vnd with an area of ​​32.400m2 for phase 1. We expect to expand the factory as and when it is ty le keo bong da good operation. Vietnam Vega Balls factory is scheduled to be put into operation by early 2017 “.

Dong Mai Industrial Park located on highway 18 of Quang Yen Town, Quang Ninh province has an area of ​​160ha. Currently Dong Mai Industrial Park has Yazaki Corporation – a biggest Japan’s manufacturer of electric wires used ty le keo bong da automobiles for world leading automobile companies, since 2013, and it plans to increase production ty le keo bong da 2017.

From early 2016 to the present, Dong Mai Industrial Park has welcome a large number of investors from Korea, Japan, Germany to survey and consider their investment plan here because big investors have overseen the trend to push up foreign investment by Quang Ninh province ty le keo bong da the next few years by upgrading and building new highways, SIS international school, Vinmec International Hospital, Ocean Park – top 5 Asia’s largest park and Van Don airport which is urgently ty le keo bong da process to complete by late 2017 and early 2018. ty le keo bong da addition, it takes only 20 -30 minutes from Dong Mai Industrial Park to get to Cai Lan and Hai Phong ports – 2 largest ports ty le keo bong da the North where the operation capacity is reported up to 8 million tons/year. This is one of the attractive strategic advantages, promising an ideal destination for investors who wish to export goods by sea.