Industry

Phu Thai Industrial Park attracts $15 million battery production project

MINH NGUYEN January 22, 2025 10:08

In the first days of the new year 2025, Phu Thai Industrial Park (Hai Duong) attracted a battery production project with a capital investment of 15 million USD from China.

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Phu Thai Industrial Park occupancy rate reaches nearly 100%

The Hai Duong Province Industrial Zones Management Board has granted an investment registration certificate to Dongguan Lithium Smart Energy Co., Ltd., a Chinese-invested company. The company is implementing a project with an investment capital of 15 million USD in Phu Thai Industrial Park.

The company invested in building a factory with an area of ​​9,408 m2operating in the following areas: assembling lithium battery products: golf cart batteries, wall batteries, 3U rack batteries, accumulators, accessories (expected 600,000 products/year). Manufacturing electronic products including: inverters, battery management systems, other electrical equipment (expected 650,000 products/year). Manufacturing control boxes, gearboxes, motors (300,000 products/year); battery energy management software (EMS) and other software (revenue of about 1 million USD/year). In addition, the enterprise will exercise import-export rights, wholesale rights of manufactured goods and other goods (revenue of about 1.5 million USD/year).

In the first quarter of 2025, the enterprise will complete investment and business procedures. During the first to third quarters, complete fire prevention and fighting, environmental procedures; construction, import and installation of machinery and equipment, and recruitment of workers. From the third quarter of 2025, test operation and official production will begin.

Currently, Phu Thai Industrial Park has attracted 24 projects with a total investment capital of over 100 million USD, with an occupancy rate of nearly 100%.

MINH NGUYEN
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Phu Thai Industrial Park attracts $15 million battery production project