Reportedly, the firm is waiting for approval from the province. As planned, the two manufacturing plants would be located in the Dong Mai Industrial Park in Quang Yen district. Once in operation in May 2020 if all goes according to plan, they will create 2,000 jobs for local workers.
Besides, TCL’s secondary investors are studying other production facilities in the industrial park.
Quang Ninh would create favourable conditions for TCL and its secondary investors to carry out the projects, said Chairman of the provincial People’s Committee Nguyen Van Thang.
However, the province would not seek to attract investments at all costs, but would instead promote selective FDI projects towards sustainable development and environmental protection, he added.
Quang Ninh will give priority to projects using advanced and environmentally friendly technologies.
Entered Vietnam in 1999, TCL’s sales last year rose by 50 percent year-on-year. Its television brand was the fourth largest in Vietnam.
Earlier this year, the firm also started construction of a new TV production plant in the southern province of Binh Duong, with a total investment of 54 million USD. The factory is expected to serve the Vietnam, Southeast Asia, US and EU markets.
