Ha Tinh approves electric car factory project

Head of the Ha Tinh Economic Zone Management Board Le Trung Phuoc has just signed a decision approving the investment policy and investor of the project to build an electric car factory built by VINES Ha Tinh Energy Solutions Joint Stock Company ( Vingroup ).

A corner of Vung Ang Economic Zone (Ha Tinh)

Accordingly, the electric car factory project will be built on an expected area of more than 36 hectares of the Zoning Plan for the Central Industrial Park, Vung Ang Economic Zone, Ky Loi Commune, Ky Anh Town, Ha Tinh Province.

The total investment of the project to build an electric cell factory is 7,300 billion VND. Of which, the investor's capital is 1,095 billion VND, accounting for 15% of the project's investment capital, and mobilized capital is 6,205 billion VND, accounting for 85% of the project's investment capital.

The electric car factory in Vung Ang Economic Zone has a designed capacity of 400,000 vehicles/year.

It is expected that by June 2026, the project will complete basic construction progress and be put into operation.

HA BINH

Source: https://vtcnews.vn/ha-tinh-chap-thuan-chu-truong-nha-may-san-xuat-o-to-dien-vinfast-ar911531.html