HK-based Kam Kiu to invest in high-grade aluminum alloy production in Nam Dinh
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Update time : 2024-09-04 15:40:13
Joint Wise Corporation, under Hong Kong-based Kam Kiu Aluminium Group, signed a cooperation agreement with Dai Phong Infrastructure Construction Joint Stock Company for the joint development of a project with a worth of nearly US$100 million.
The project, covering an area of 12.2 hectares, will be located in My Thuan Industrial Park in the northern province of Nam Dinh. It will be a base to produce high-quality aluminum alloy for automobile components and electronic items, with an annual capacity of 100,000 tons of aluminum bars.
As Kam Kiu’s first project abroad, the project will adopt a modern, high-tech equipment system of the G7 economies and will be in line with strict environmental requirements.
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