Work starts on 500-million-USD Meiko semiconductor plant in Phu Tho province

  • Delegates at the ground-breaking ceremony. VNA Photo: Thanh Hải
    Delegates at the ground-breaking ceremony. VNA Photo: Thanh Hải
  • Chairman of the provincial People’s Committee Tran Duy Dong speaks at the ceremony. VNA Photo: Thanh Hải
    Chairman of the provincial People’s Committee Tran Duy Dong speaks at the ceremony. VNA Photo: Thanh Hải
  • Sakate Atsushi, Vice President of Meiko Group, says the decision to launch its sixth project reflects the group’s strong confidence in Vietnam’s stable and transparent investment environment and its potential as a high-tech manufacturing hub. VNA Photo: Thanh Hải
    Sakate Atsushi, Vice President of Meiko Group, says the decision to launch its sixth project reflects the group’s strong confidence in Vietnam’s stable and transparent investment environment and its potential as a high-tech manufacturing hub. VNA Photo: Thanh Hải
  • Deputy Prime Minister Ho Quoc Dung speaks at the ceremony. VNA Photo: Thanh Hải
    Deputy Prime Minister Ho Quoc Dung speaks at the ceremony. VNA Photo: Thanh Hải
The People's Committee of northern Phu Tho province and Japan’s Meiko Group on June 12 broke ground on the Meiko Yen Quang semiconductor manufacturing plant at Yen Quang Industrial Park. The project has an initial investment of more than 500 million USD and will focus on artificial intelligence and space technology-related applications. Once fully operational, it is expected to generate annual revenue of around 530 million USD per year and create approximately 2,000 jobs for local workers. VNA Photo: Thanh Hải

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