The Sai Gon-Da Nang Investment Corporation (SDN), the developer of the city-based expanded Hoa Khanh Industrial Parks (IP), has leased over 4.7ha of land here to the Phu Thuan Toan Industry Co., Ltd. for the later to build a 7 million US$ plant for manufacturing automotive exhaust systems.

The Phu Thuan Toan Industry Co., Ltd. is a subsidiary company of the Taiwan-based HAOHSING Industrial Co. Ltd, which specialises in manufacturing automobile and motorcycle exhaust systems with an annual production capacity of more than 500,000 units.

At a recent signing of land handover deal with the Phu Thuan Toan company, SDN representatives affirmed their willingness to welcome foreign investment into modern, high-standard and environmentally-friendly industries in the expanded Hoa Khanh and Lien Chieu IPs.

Besides, active support will be offered to businesses operating in these 2 IPs.