Chairman of the City People's Committee Nguyen Van Phuong spoke at the meeting.

The project has a total capital of more than VND25,655 billion, a scale of about 165 hectares, divided into three phases. The goal is to build a modern automobile manufacturing center, integrating both engine manufacturing and auxiliary component manufacturing. Phase 1 has been put into operation with a passenger car factory with a capacity of 6,800 vehicles/year. It is expected that by the end of 2025, the company will operate additional truck, mechanical and engine factories.

By the end of June 2025, Kim Long Motor Hue had produced 2,100 passenger cars, contributing more than VND410 billion to the budget and creating jobs for more than 3,100 workers. The company aims to produce an additional 4,000 cars and contribute an additional VND1,200 billion to the budget in the last 6 months of the year.

At the meeting, the enterprise proposed expanding development space, building more industrial parks, worker housing and urban areas in Chan May - Lang Co Economic Zone...

Kim Long Motor Hue leaders made recommendations at the meeting

Appreciating the efforts of Kim Long Motor, Chairman of Hue City People's Committee Nguyen Van Phuong said that this is one of the key industrial projects, of strategic significance to the industrialization and modernization process of the city.

“Kim Long Motor Hue is not only a simple production project, but also a strategic driving force for local economic growth, contributing to creating a sustainable value-added chain, attracting supporting investment and shaping a new driving force for Hue City,” Mr. Phuong emphasized.

He also affirmed that the Hue City government will continue to accompany and provide maximum support for businesses to expand investment and long-term development in the locality.

Regarding the proposals of enterprises, the Chairman of the City People's Committee assigned relevant departments, branches and localities to coordinate to promptly resolve them, ensuring the progress and investment efficiency of the project.

Le Tho

Source: https://huengaynay.vn/kinh-te/cong-nghiep-ttcn/kim-long-motors-hue-la-dong-luc-chien-luoc-cho-tang-truong-kinh-te-dia-phuong-156278.html