VPIC gets investment license in Giang Dien IP

04:06, 26/06/2012

(ĐN) – Dong Nai Industrial Zones Authority (DIZA) granted the Vietnam Precision Industrial Company (VPIC), a motorbike parts manufacturer, a license to establish its subsidiary company in Trang Bom district’s Giang Dien industrial park on June 22.

(ĐN) – Dong Nai Industrial Zones Authority (DIZA) granted the Vietnam Precision Industrial Company (VPIC), a motorbike parts manufacturer, a license to establish its subsidiary company in Trang Bom district’s Giang Dien industrial park on June 22.

Sonadezi and VPIC sign contract at the ceremony
VPIC's representative signs contract to rent 12 ha in Giang Dien IP.

On this occasion, the VPIC also signed a contract to rent 12 ha in Giang Dien IP.

The new company, with a total investment capital of US$14.35 million, specializes in manufacturing spare parts of automobiles, motorbikes and invalid chairs.

VPIC was established in 1994 with an initial capital of nearly US$2.3 million. It is now home to 1,000 laborers with a total investment capital of US$20.5 million. Most of the company’s products are exported to US, Europe, Japan and Canada.  

Reported by V.L