The Automech automotive parts and household appliance component factory is a major project of Automech Mechanical Euipment and Solutions Joint Stock Company, aimming at expanding its production capacity and meeting the increasing demand in supporting industries especially automotive, electric motorcycle and household appliance sectors.

PPC Vice Chairman Pham Van Thinh presents congratulation flowers to the company.

The project is invested nearly 200 billion VND (7.67 million USD) in phase 1 and will be equipped with modern production lines and facilities in phase 2 when the investment is expected to increase to 250 billion VND (9.6 million USD).

The factory will manufacture automotive and electric motorcycle parts and assemblies as well as metal components serving household electrical appliances and supporting industries.

PPC Vice Chairman Pham Van Thinh speaks at the opening ceremony.

In his remark, PPC Vice Chairman Pham Van Thinh highly spoke on great efforts of Automech Mechanical Euipment and Solutions Joint Stock Company in expanding its production.

Operation of the new factory will help to enhance the company’s production capacity and create jobs for workers, making positive contributions to local industrial development and economic growth.

The delegates perform the ribbon cutting ritual to open the factory.

He stressed Bac Ninh always stands side by side with business community, improves the investment climate and facilitates businesses to develop their production and business activities.

The province will support Automech to establish a R&D Center to research solutions for developing national strategic products including automatic machinery for domestic manufacturing to increase added value.

The delegates visit the production lines, processing, manufacturing areas and technological items of the factory.

The provincial leader expected Automech to coninue promoting innovation and investment in modern technology while increasing localization rate, further participating in the global manufacturing value chains and making greater contributions to the socio-economic development of the province.

At the ceremony, Automech signed cooperation agreements with some strategic partners, marking a new milestone in its production and business activities.

Many big customers operting in supporting industries, automotive and instrial manufacturing sectors attended the event, showing their trust in Automech’s production capacity and developing strategies.

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