Electronics Production | November 23, 2009
Foxconn delays large investment plan in Vietnam
EMS provider Foxconn is delaying its huge investment plan in Vietnam due to the economical situation.
Two years ago the company said it would invest $1 billion in the Bac Ninh province in Vietnam by developing a hi-tech industrial park and township project. According to director of Bac Ninh Industrial Zones Authority, the company has not done anything to pursue its hi-tech industrial park and township project in Bac Ninh. This investment would be a part of a $5 billion investment plan in Vietnam.