LG Display invests 1.5 billion dollar to Vietnam
LG Display will invest USD 1.5
billion to build a new plant in Trang Due Industrial Park ,
Hai Phong , Vietnam
LG Display (LGD) is a subsidiary
of LG Group from South Korea ,
which is producing LCD and OLED screen for electronic equipment. In advance,
they entered into the contract of leasing 40.4 Hectares of Trang Due Industrial Park
Now, LGD has nine manufacturing
facilities and seven assembly facilities at South
Korea , China ,
Poland and Mexico .
According
to Trang Due
Industrial Park , after a long time of
survey, LGD decided to select Trang
Due Industrial
Park
In this April, the project will
start construction after achieving final agreement and signing contract; and as
expected, the factory will go into operation in the early of 2017.
Some experts believe that the project
of manufacturing OLED screen will bring a large opportunity to Economy of
Vietnam, especially create approximately 6,000 jobs for local workers.
This is the second project of LG
group to invest to Trang Due Industrial Part. In March 2015, this group opened a
combination of large-scale technology plants in order to assembly technology
products such as televisions, mobile phones, washing machines, air
conditioners, vacuum cleaners, digital devices for automotive, serving both
export and domestic consumption.
SHP said, Trang Due Industrial Park
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