Tuesday, 25/06/2013 16:06:58 (GMT+7)

Investment certificate granting ceremony for Prime Group

Vinh Phuc People’s Committee work and organized the certificate ceremony for new investing leadership of Prime Group on April 22, 2013 (Investor SCG, Thailand). Mr. Phung Quang Hung- Chairman of Vinh Phuc Peoples’s Committee, Head of Vinh Phuc Investment Promotion Steering Committee presided the ceremony, leaders of related department and agencies attended.

Investment certificate granting ceremony for Prime Group

Mr. Phung Quang Hung –Chairman of Vinh Phuc People’s Committee, Head of Vinh Phuc Investment Promotion Steering Committee awarded certificate of investment to new Board of Directors of Prime Group.

SCG Group-Thailand was established in 1913 by decree of King RAMA VI, specialized in production of cement, a major building material in the construction project of infrastructure, the building served country. Until now SCG Thailand group has expanded to file business group such as: petrochemical, paper, cement, building material, commercial distribution, with more than 200 member companies and 38.000 staffs, foreign investment in 20 countries and territory.

 

After researching and understanding the investment environment in Vinh Phuc province, SCG Thailand group has decided to invest in the operating project of Prime Group registered capital of 239,6 million USD( equivalent to 5000 billion VND) at Binh Xuyen Industrial Zone in Vinh Phuc province has approval by Vinh Phuc people’s Committee and issued the certificate of investment, This is the 17th project in Vietnam.

Granted  investment certificate and speak at the ceremony, Mr Phung Quang Hung- Chairman of Vinh Phuc People’s Committee congratulated Prime Group ( investor SCG Thailand group) to invested in Vinh Phuc, wish Group to achieve high efficiency in business; simultaneously inform some necessary features of the province to attract  investment. So far the total number of FDI projects is 123 projects, total registered capital is USD $ 2, 81 billion (including project of Prime group 239,6 million USD);523 project of  Investment DDI project, total registered capital over 31 trilion.

To create the favorable condition for investor during the investment operating in Vinh Phuc. Provincial People’s Committee established Vinh Phuc Investment Promotion Agency in 2012, is responsible for guidance document and receiving application solving administrative procedure relevant for investors. Prime Group is the FDI project with the largest investment so far this year, issued certificate of investment under one stop shop through Vinh Phuc Investment Promotion Agency. Currently, the province has set up the business portal dialogue with the provincial government to receive information and answer the questions, solve all the problems related to the further investment.

Province always considers the investors are citizens of Vinh phuc,the business success is the success of the province. All the whole of the competent authority are doing better coordinate to support the business investment process.

Chairman of Vinh Phuc people’s Committee wish the Prime Group bring numerous of joy and prosperity to every home many year ago, they continue to contribute this thriving to all peoples of the two countries Vietnam and Thailand.

Mr. Cherdsak Niyomsilp, Senior Management SCG Thailand group, General Director of Prime Group expressed his pleasure, thanks for gracious hospitality and warmly welcomed  of Chairman and related department, commitment of Prime Group will continue to invest in accordance with the law of Vietnam, and believes the success of the Group’s investment in province. Desire the local authority and departments to be interesting and create the favorable condition so that business could operate soon; contribute to social economic development of Vinh phuc province./.

Nguyen Duy Tien (IPA Vinh Phuc)