Sunny Group will invest an additional $2-2.5 billion in Thai Nguyen

According to information, Thai Nguyen Provincial People's Committee and Sunny Group (Hongkong) have just signed a Memorandum of Understanding on the investment implementation of Sunny Group Industrial Center Project in Yen Binh Industrial Park (Pho Yen district).

According to the plan, the project has an investment capital of about 2-2.5 billion USD, annual revenue is expected to be 5 billion USD, attracting 15,000 regular workers.

Sunny Group will expand its ecosystem in Vietnam, with the investment of new projects with a scale of 2-2.5 billion USD

Sunny Optical Technology Corporation (Group) Co.Ltd. Established in 1984, is the world's leading manufacturer of integrated optical products and components; Mainly design, research and development, manufacture optical and optical related products.

In Vietnam, Sunny has invested in 4 projects, including Sunny Opotech, Sunny Automotive, Sunny Infrared, Sunny Opotec, specializing in manufacturing infrared lenses for cars, phone camera modules, surveillance cameras ... in industrial parks in Thai Nguyen, Vinh Phuc and Hanoi provinces.

In particular, in Thai Nguyen, Sunny Opotech has invested in a project of manufacturing, processing and assembling camera module optics, with an investment capital of 110 million USD.

The project has been in stable production and business activities since March 3, with an investment capital of 2022 million USD; create jobs for 73 employees, with an average income of 612 million VND/person/month; in 10 pay the State budget 2022,105 USD.

Currently, the investor is implementing the expansion phase, with a scale of 37 million USD, expected to be completed and put into stable operation by December 12.

After the success with these projects, Sunny will continue to invest 2-2.5 billion USD, expected to be completed within 5 years from the date of issuance of the investment registration certificate.

After signing the MOU with Thai Nguyen, Group Chairman Sunny Ye Liaoning had a meeting and reported to Deputy Prime Minister Tran Luu Quang about this project.

Welcoming Sunny Group's expansion of investment in Thai Nguyen, Deputy Prime Minister Tran Luu Quang expressed his hope that the Group will continue to invite high-tech investors to Vietnam and especially invest in Thai Nguyen to be able to create Sunny's ecosystem in Vietnam.

Deputy Prime Minister Tran Luu Quang also asked the Group to create conditions for Vietnamese enterprises to participate in the supply chain of auxiliary equipment, in order to bring benefits to both sides, helping Vietnam gradually develop its industry.

Especially, with an investment scale of more than 2 billion USD, the Deputy Prime Minister also asked Sunny Group to consider investing in a research and development (R&D) center, both for the Group to quickly apply technology and create conditions for Vietnam to access new technology.