On November 09th, 2016, Santomas Vietnam Joint Stock Company organized a ground breaking ceremony for Santomas Bac Ninh – Phase 1 Project of Santomas Vietnam Jsc. in Vietnam-Singapore Industrial Park (VSIP), Bac Ninh province.
Started in Vietnamese market since January 2003, Santomas Vietnam Jsc. was formerly Santomas Vietnam Co., Ltd. with 100% foreign capital invested by Santomas SDN BHD (Malaysia). After nearly 15 years of operation, Santomas Vietnam has continuously expanded its investment scale with 3 factories.
After two plants in Thang Long Industrial Zone 1 – Dong Anh, Hanoi, the Santomas Bac Ninh Factory in VSIP Bac Ninh is the third plant, marking the new development of Santomas Viet Nam in the Vietnamese market in particular and the South East Asia in general.
The project has a total area of 34.090m2. It is intended to be divided into 3 phases.
The total investment capital of the project is US $20 million, equivalent to VND 435.4 billion. In which, US $1,587,504 was contributed capital (equivalent to VND 34.56 billion), the rest was mobilized from bank loans and other sources.
Santomas Vietnam is an enterprise engaged in the manufacture and assembly of precision plastic gears and precision plastic parts for camera, video, Audi and office equipment; Manufacturing, assembling and assembling precision plastic parts; Importing auxiliary materials and plastic injection molding parts for the production of precision plastic molds.
Here are some pictures of the ceremony: