Bac Ninh Steel supplies materials for Foxconn Bac Giang factory project
Foxconn Group – Investor of Foxconn Quang Chau factory (Bac Giang)
Foxconn, headquartered in Taiwan with the official name Hon Hai Precision Industry, has leased the land located in Quang Chau Industrial Park, Bac Giang province through a subsidiary named Fulian Precision Technology Component.
Foxconn Group is the world’s leading brand in the field of electronic services with 4 main areas: consumer electronics, computer terminals, cloud computing, components and other fields. Foxconn is a key supply chain partner of Apple.
Overview of the A03 Foxconn Factory Project – Bac Giang
In 2022, with the plan to expand the scale of investment in Bac Giang province, Foxconn, together with Kinh Bac Urban Development Corporation and Saigon – Bac Giang Industrial Park Joint Stock Company, agreed to cooperate and signed a memorandum of understanding on Foxconn leasing 50.5 hectares of land at Quang Chau Industrial Park – Bac Giang.
It can be seen that the Foxconn Factory Project in Quang Chau Industrial Park – Bac Giang is one of the highly anticipated projects. At the same time, it also has a great impact on the future development of the locality.
Project location
The project is implemented at Lot CN1, Quang Chau Industrial Park, Viet Yen District, Bac Giang Province. It is known that in Quang Chau Industrial Park (Bac Giang), Foxconn Group is the largest FDI enterprise with investment projects starting from 2019.
Quang Chau Industrial Park is located on an important traffic axis, connecting major economic centers such as: Hanoi, Hai Phong, Quang Ninh, Noi Bai International Airport and Cai Lan, Hai Phong seaports, … convenient for transporting import and export goods.
This is one of the industrial parks that attracts many investors. It has a large area with modern infrastructure, suitable for businesses to build and operate production.
Positive contributions of the project
Foxconn plans to invest in this new project with a total investment of about more than 300 million USD, employing more than 30,000 local workers.
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