Provincial People’s Committee Chairman Le Thanh Cung and leaders of related branches, departments and Ben Cat town People’s Committee witnessed the event.

 

   

Kingtec is one of the biggest corporations of Taiwan, established since 1985, specializes in many fields including lighting devices, furniture, power generators for car, electronic equipment, real estate, tobacco… Currently, Kingtec is planning to displace its factory in China to the other countries.

 

After discovering the investment environment in Vietnam generally and in Binh Duong particularly, Kingtec decided to choose My Phuoc 3 Industrial Park (Ben Cat town) as its destination for manufacturing with an area of 16 hectares. Its new plant is estimated to produce electronic equipment such as LED lightings, desk and wall lamps. The total investment capital of the phase I is expected to US$ 30 million. Besides, Kingtec also researches in LED lighting for car for exportation to European market.

  

 

     

Speaking at the ceremony, Chairman Le Thanh Cung appreciated the investment of Kingtec Corporation in Binh Duong province. With the multidisciplinary activities, Kingtec Corporation will contribute considerably to the provincial development orientation. Binh Duong province is going to create the favorable conditions in land, preferential tax policies, infrastructure for Kingtec to deploy its new plant construction.