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Bac Ninh promotes investment opportunities to China’s Zhongji Innolight

Updated: 11:19, 16/06/2026

BAC NINH - Bac Ninh authorities have pledged reliable power supplies and strong support for investors as they seek to attract high-tech projects, including in semiconductors and artificial intelligence, during a meeting with representatives of China's Zhongji Innolight Co., Ltd.

Pham Hoang Son, Deputy Secretary of the provincial Party Committee and Chairman of the Bac Ninh People's Committee (PPC), on June 15 hosted a working session with a delegation from Zhongji Innolight Co., Ltd.

Pham Hoang Son, Chairman of the Bac Ninh People's Committee, meets representatives of China's Zhongji Innolight Co., Ltd. during a working session in Bac Ninh province.

At the meeting, the provincial leader highlighted the province's competitive advantages, including its large industrial land reserves and investor-friendly policies.

He reaffirmed Bac Ninh's commitment to ensuring stable electricity supplies to meet businesses' production and operational needs throughout all stages of development.

Pham Van Thinh, Vice Chairman of the Bac Ninh People's Committee, provides information on the province's infrastructure and investment conditions to representatives of Zhongji Innolight Co., Ltd.

The province will continue to accompany investors and is prioritising the attraction of projects in high-tech sectors such as semiconductors and artificial intelligence (AI), he said.

The PPC Chairman added that Bac Ninh's workforce is capable of meeting enterprises' labour demands and that the province is developing dedicated training policies to support investment projects.

Vice Chairman of the provincial People's Committee Pham Van Thinh said Bac Ninh has a relatively strong power infrastructure, supported by local renewable energy sources, including solar and wind power, as well as the national electricity grid.

Pham Hoang Son, Chairman of the Bac Ninh People's Committee, presents a Dong Ho folk painting to Richard Zeng.

Additional power projects are planned and are expected to become operational from 2028.

Richard Zeng, Chief Executive Officer of Zhongji Innolight Vietnam, said the group is headquartered in Singapore and generated revenue of about 5 billion USD in 2025. The company currently operates its largest manufacturing facility in Thailand.

Zeng said the group specialises in AI and data centre technologies and is exploring investment opportunities in Bac Ninh's industrial parks.

The company is considering an initial investment project worth around 800 million USD, requiring approximately 33 hectares of land.

An overview of the meeting.

Power demand would be developed in phases, with estimated requirements of 25,000 kVA in phase one, 10,000 kVA in phase two, and between 150,000 and 200,000 kVA in phase three.

The project is also expected to consume around 4,500 cubic metres of water per day and create between 10,000 and 20,000 jobs.

Provincial departments and agencies addressed the company's questions regarding tax incentives, administrative procedures and other investment-related policies during the meeting.

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