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Thứ 6, Ngày 20/12/2024, 09:00
Manwah Group invests an additional 50 million US dollars to expand production in Binh Duong
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20/12/2024

​PORTAL - On the morning of December 19th, Mr. Vo Van Minh, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee (PPC), hosted a reception and working session with Mr. Wong Man Li, Chairman of Manwah Group, Hong Kong (China), who was visiting and paying a courtesy visit.

At the meeting, Vo Van Minh - Chairman of the PPC expressed his gratitude to the Group for the warm welcome and hospitality extended to the Binh Duong provincial delegation and businesses during their recent visit to China.


Overview of the meeting

Informing the delegation about the socio-economic development, Mr. Vo Van Minh stated that the province has 4,377 foreign direct investment projects with a total registered capital of over 42 billion USD, ranking 2nd in the country in attracting foreign investment capital, after Ho Chi Minh City. Among that, China is the leading country among 65 countries and territories with investment projects in Binh Duong, with 1,749 projects and a total capital of over 11 billion USD.


Mr. Vo Van Minh - Chairman of the PPC (right side) receives Mr. Wong Man Li - Chairman of the Manhwa Group

Mr. Wong Man Li expressed his admiration for Binh Duong's rapid economic growth and announced that Manwah Group will invest an additional 50 million USD to build a factory and expand its production scale in Binh Duong. Therefore, he hopes that the local government will continue to pay attention to and support the enterprise, facilitating the completion of its plans, especially regarding land funds, legal procedures, and labor resources.


Mr. Vo Van Minh - Chairman of the PPC presents a souvenir to Mr. Wong Man Li - Chairman of the Manhwa Group

Founded in Hong Kong in 1992, specializing in sofas, mattresses, and smart furniture, Manwah is a world-leading smart furniture enterprise with 14 manufacturing facilities in China and many other countries, including Vietnam. Manwah currently has 22 regional branches and over 200 branches in nearly 100 countries across Europe, Asia, the United States, Australia, and more. In Binh Duong, Manwah operates Timberland Company, located in Tan Uyen City, with a modern standard factory equipped with 129 production lines, creating employment for over 10,000 workers.

On this occasion, Manwah Group has decided to donate 300,000 USD to Binh Duong province for social welfare activities, particularly the program to eliminate makeshift and dilapidated houses as initiated by the Prime Minister.

 

 

Mr. Vo Van Minh - Chairman of the PPC presents a letter of appreciation to Manwah Group for their support to the province in social welfare activities in the past period


Delegates took a group photo

Welcoming Manwah Group's expansion plan in Binh Duong, Mr. Vo Van Minh - Chairman of the PPC pledged that the province will create all favorable conditions to support the Group in implementing its expansion plan and achieving effective business operations. At the same time, he expressed gratitude to the Group for its continued support to the province in social welfare activities.

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