Phase 1 of the project covers an area of 9.2 hectares, with a total investment of 200 million USD (over 4,600 billion VND). This is the fifth PCB manufacturing and assembly plant of Meiko Group in Viet Nam.
At the ceremony, Atsushi Satake, Executive Vice President of Meiko Group, expressed his confidence that the plant’s operation would contribute positively to Phu Tho Province’s economic growth. He also expressed his hope to continue receiving support and favourable conditions from local authorities to soon inaugurate phase 2 of the project, with a total investment of 350 million USD.
Nguyen Phi Long, Standing Deputy Secretary of Phu Tho Provincial Party Committee, emphasised that this is an exemplary industrial project, demonstrating effective cooperation between Viet Nam and Japan in the fields of high technology, electronics manufacturing, and sustainable development.
The Meiko Hoa Binh Factory project will create an important economic driving force, create highly skilled human resources, transfer technology, and develop an auxiliary industrial ecosystem in the region. We believe that the Meiko Hoa Binh Factory will operate in an effective and stable manner, and develop in the long term, thereby contributing to the socio-economic development of the region, as well as Phu Tho Province in the coming time.
The Meiko Hoa Binh electronic printed circuit board manufacturing and assembly factory is invested by Meiko Group (Japan) and officially started construction in April 2024. The factory specialises in manufacturing electronic circuits for peripheral devices, computers, household electronics, audio-visual equipment, solar panels, microprocessors, and controllers.
On the occasion, Meiko Group donated 1,000 rosy trumpet trees to Hoa Binh Ward to contribute to building a green, clean and beautiful Hoa Binh.
