This morning (July 13), at Thai Ha Industrial Park (Phase 1), Ha Nam province, Hai Long Construction JSC and Chia Chang Vietnam Technology Co., Ltd. held the groundbreaking ceremony for the Chia Chang Vietnam Technology factory project – Phase 1.
The factory is invested on a land area of over 25,000 m2, with a construction area of over 13,000 m2. The total investment capital of the project is 9 million USD, including: factory 1 consisting of 2 floors with an area of 2,880 m2/floor; factory 2 consisting of 2 floors with an area of 4,150 m2/floor; steel structure with panel wall cladding; a 2-story office building with 1,302 m2/floor of reinforced concrete structure and synchronous auxiliary items. The project will be constructed within 6 months.
The project focuses on the production of metal products (metal frame products, stamping and casting parts for access point network equipment, metal frame casting parts for access point network equipment, metal frames for network switch equipment, brackets for access point network equipment, brackets for switching power supplies, back covers for candle lamp modules, and metal casings for 5G netcomm CPE equipment).
Speaking at the groundbreaking ceremony, Mr. Pham Anh Tien, Chairman of the Board of Directors of Taiyo Group (the parent company of Hai Long Construction JSC), stated: “The Chia Chang Vietnam Technology Factory project commenced today is the 5th project for which we serve as the general contractor at Thai Ha Industrial Park. This project continues the success of four previous projects, namely: U.D. Electronics Vietnam factory, TSMT factory, Chiateng factory, and A-Stainless factory. With our capacity and experience, we will successfully execute this project according to the quality and schedule committed to the investor, Chia Chang Vietnam Technology Co., Ltd.”.
At the ceremony, Mr. Sung Kuei-Hsiu, Chairman of Chia Chang Vietnam Technology Co., Ltd., stated that with over 10 years of operation in the industry, the company has affirmed its market position through its products. Chia Chang is the first manufacturer in the industry to provide metal technology products in Vietnam. The company's high-quality products have been widely used in various fields, especially in technology. The company has constantly strived to improve product quality and meet customer needs.
With 25 years of experience, Hai Long Construction JSC has continuously strengthened and developed its internal resources, gradually affirming its position as one of the prominent enterprises in the fields of general construction contracting, design consulting, and the manufacturing and erection of steel structures. The company has been granted a Grade 1 design and construction certificate by the Ministry of Construction and was honored to be voted as one of the top 10 infrastructure and industrial construction contractors in Vietnam in 2024.
Hai Long Construction has consistently affirmed its capacity as a leading general contractor through recognition and evaluation from domestic partners, as well as many major partners from Japan, South Korea, and China. Hai Long Construction has successfully executed hundreds of “million-dollar” projects for top partners such as: GNP Nam Dinh Vu Industrial Center Project & GNP Dong Van III Industrial Center Project with a contract value of over 700 billion VND each (Gaw Capital fund); Bujeon Electronics Vietnam Factory Project; LG Group; Amkor Technology Group; Hyundai Group; Vinfast Automobile Manufacturing Company; Sumitomo Group…
“We are proud to have built hundreds of large-scale projects in many provinces and cities across the country, creating stable jobs for thousands of workers and fostering an increasingly better investment environment for foreign investors,” Mr. Tien affirmed.
In 2024, Hai Long Construction JSC set a plan for a total contract value of 3,680 billion VND, revenue of 2,660 billion VND, and steel structure output of 30,000 tons. In the first 6 months of 2024, the total contract value of Hai Long Construction JSC reached 2,347 billion VND, achieving 64% of the adjusted plan; total output value reached 1,647 billion VND, equivalent to 53%; total revenue reached 1,108 billion VND, equivalent to 41.6%. Capital recovery value reached 1,349 billion VND, equal to 49% of the annual plan. Steel structure production output is also very encouraging, with 21,130 tons already produced or currently in production through the end of 2024.
In addition, the Hai Long steel structure factory has signed contracts and is in the stage of producing samples for export to many large corporations in Japan and South Korea. The factory will open up opportunities for stable export orders in the near future and is determined to complete the investment and construction of the No. 3 Steel Structure factory on an area of 5.2 hectares with two of the most modern automatic steel structure production lines in Vietnam by September 2024, raising the total production capacity of steel structure factories to 45,000 tons by 2025 and subsequent years.
Notably, Hai Long Construction JSC recently signed a cooperation contract with SK Group (South Korea) for the processing of steel structure items for Package No. 1 with a volume of 2,300 tons, with an execution time of 126 days for the Ecovance high-tech biodegradable material manufacturing factory project at DEEP C Hai Phong I Industrial Park. The project is built on a land area of over 32,000 m2 with a current total investment of 100 million USD, expected to reach up to 500 million USD by 2030, as committed by SK Group.
Thus, as of now, the total contract value of Hai Long Construction JSC has reached 2,595 billion VND, achieving 70.51% of the plan, providing a solid basis for the company to complete its 2024 plan targets. At the same time, it continues to open up new opportunities and affirm the position of Hai Long Construction in the construction industry.
Some images at the groundbreaking ceremony
Thanh Son – Investment Newspaper
Images: Hai Long Construction
