On the morning of August 2, COT Vietnam Co., Ltd. held the inauguration ceremony of its new factory in Thang Long II Industrial Park, Duong Hao Ward ( Hung Yen ). Comrade Nguyen Khac Than, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee attended.
The new factory project of COT Vietnam Co., Ltd., a member of COT Group (Singapore), has a construction area of 35,000 m2 with a total investment of 50 million USD. The project's goal is to produce camera protection accessories for tablets, fingerprint buttons on tablets and laptops, and optical accessories for electronic devices with a total capacity of 144.6 million products/year. When put into operation, the factory can create jobs for more than 3,000 workers.
The project is the core of developing the local production value chain, aiming to become a regional production center in the next 5 years, contributing to local economic growth, creating stable jobs; building a smart, sustainable factory model, aiming for low emissions and green transformation.
Speaking at the inauguration ceremony, Chairman of the Provincial People's Committee Nguyen Khac Than emphasized: The new factory project of COT Vietnam Co., Ltd. is not only a high-tech project but also a symbol of economic cooperation between Hung Yen province and Singapore, contributing to realizing the goal of comprehensive strategic partnership between Vietnam and Singapore.
The Chairman of the Provincial People's Committee highly appreciated the determination and efforts of COT Group and COT Vietnam Co., Ltd. in implementing the project. With its large scale and advanced technology, the factory of COT Vietnam Co., Ltd. not only contributes to enhancing the position of Hung Yen province in the field of high-tech industry but also contributes to the socio-economic development of the province. He expected and encouraged COT Group to continue expanding its investment in Hung Yen province in the future; especially in the fields of high technology, smart and environmentally friendly manufacturing; and hoped that COT Group would build a specific technology transfer roadmap to improve domestic production capacity, train high-quality human resources and promote the sustainable development of Hung Yen province's industry.
Chairman of the Provincial People's Committee Nguyen Khac Than requested COT Vietnam Co., Ltd. to pay special attention to the lives of workers, ensure income improvement, create good working conditions and implement training programs to improve skills, helping workers not only meet job requirements but also develop skills, making long-term contributions to the development of the enterprise and the locality. He emphasized that Hung Yen province is committed to continuing to accompany and support COT Vietnam Co., Ltd. in its operations, creating all favorable conditions for the enterprise to develop sustainably within the framework of Vietnamese law. COT Vietnam Co., Ltd. needs to strictly comply with the provisions of Vietnamese law and regulations of Hung Yen province in the process of production and business activities, actively contributing to the socio-economic development of the locality, while spreading positive values, contributing to building a reliable and sustainable investment environment.
Pham Dang
Source: https://baohungyen.vn/cong-ty-tnhh-cot-viet-nam-khanh-thanh-nha-may-moi-voi-von-dau-tu-50-trieu-usd-tai-tinh-hung-yen-3183296.html
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