Korean group invests 200 million USD in Long An international port cluster

The world's leading wind power equipment manufacturer CS Wind (Korea) has signed a memorandum of understanding to lease land to invest a 200 million USD factory in the Long An international port cluster.

The two sides signed a memorandum of understanding on investment at Long An international port - Photo: DTG

On September 10, at Long An International Port (Tan Tap Commune, Can Giuoc District, Long An), Dong Tam Group signed a memorandum of understanding on investment cooperation with CS Wind Group (Korea) on land lease to implement a wind power equipment manufacturing factory project.

According to this agreement, CS Wind will cooperate closely with Dong Tam Group to locate the factory in Long An Southeast Asia Industrial Park, part of the Long An International Port project cluster.

Specifically, Dong Tam Group will lease 50 hectares of industrial land and industrial services to build factories and assembly yards for offshore and onshore wind tower equipment, wind power products such as monopiles, transition equipment, etc. to supply the global market.

The factory is expected to be invested in the first phase with a total capital of 200 million USD.

Operating capacity up to tens of thousands of units per year to supply oversized and overweight equipment from 500 - 4,000 tons per device.

The investor also said that 100% of equipment and accessories in the first phase will be imported and exported through Long An International Port, estimated at 150,000 - 200,000 tons/year.

CS Wind was founded in 1984 in Korea, and is a leading corporation in the industry of manufacturing wind towers for the world's largest wind generators. In 2003, CS Wind established the first wind tower manufacturing company in Vietnam, becoming the No. 1 core factory in Southeast Asia and the world leader in this field. CS Wind currently operates production facilities in eight countries, supplying more than 13,000 wind towers to famous wind turbine manufacturers such as Vestas, Siemens-Gamesa, GE and Goldwind... The Long An International Port project cluster has a total area of 1,935 hectares, including 4 port areas, urban areas, and industrial service areas next to the industrial park. This has also become a spearhead for Long An to develop the logistics sector in the coming time, meeting the economic growth needs of the Southwest gateway region, connecting with the Southeast.

Tuoitre.vn

Source: https://tuoitre.vn/tap-doan-han-quoc-dau-tu-200-trieu-usd-vao-cum-cang-quoc-te-long-an-20240910121852611.htm