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Korea Auto Industries Coop. Association (KAICA) has come to visit SDN and seek for investment opportunity.

On 16th May 2018, Korea Auto Industries Coop. Association (KAICA) has come to visit and work with SDN Company to find out cooperation and investment opportunities into SDN’s industrial park.

Korea Auto Industries Coop. Association(KAICA) is the only association in the field of an automotive industry in Korea.

It founded in 1962 as a non-profit organization for the purpose of the development of Korean automobile and motorcycle industries, especially its parts and components manufacturing industries. There are 270 member companies in KAICA.

KAICA has been trying to speak for the benefit of the industry, make a proposition to the government and enhance an international cooperation with foreign automotive related organizations.


 

 

Đoàn KAICA, đại diện của Ban Xúc tiến và Hỗ trợ đầu tư Đà Nẵng, Ban

KAICA Group, representatives of Danang Investment Promotion Agency, Department of Industrial and Processing Zone Management and SDN Company in the meeting. Source: SDN.

In the business meeting, Mr.Ko Moon So – Leader of KAICA delegation, highly appreciated the potential of development in Vietnam cars market in the next future. To catch the trend, KAICA members really want to seek for opportunities in investing to build new factories that produce cars and parts of cars in Da Nang city.

 

Mr.Ko Moon So –Leader of KAICAdelegation. Source: SDN.

On the supporting opinion for investors, Mr. Nguyen KyAnh–Deputy ofDanang Investment Promotion Agency (IPA) informed that IPA – as the support role of investors and intermediary between investors and competent authorities– will consult and promote administrative procedures so that the investors will have the most convenient and shortest time to invest.

Mr. Nguyen Ky Anh - Deputy of Danang Investment Promotion Agency (IPA) Source: SDN. 

In the business meeting, Mr. Tran Ngoc Diep – General Manager of SDN Company, also confirmed with KAICA that, with Saigon Investment Group experience of managing more than 20 industrial park in the whole country, as well as good traditional relationship with Korea investors, SDN Company will supply industrial land and factories that have very strict infrastructure standard from SGI Group and the best customer services in the whole project cycle.

 

Mr. Tran Ngoc Diep–General Manager of SDN Company giving gifts to representative of KAICA Delegation. Source: SDN.

 

 KAICA delegation and representative of Danang Investment Promotion Agency (IPA),Department of Industrial and Processing Zone Management and SDN Company taking souvenir photo. Source: SDN.

In the visiting time, KAICA delegation has surveyed 2 industrial parks of SDN Company and visited TCIE factory – the factory that has total 100 million USD capital investment, specialized in assemble passenger cars like Sunny and X-Trail for Japan car brand Nissan..

 

The delegation taking picture in TCIE Viet Nam.Source: SDN. 

* According to IPA Report, Korea Investors come in 4th place of Foreign Direct Investment (FDI) into Danang city with the total capital of 256,17 million USD (8,36% of total FDI to Danang city). Besides, Korean tourists come to Danang city has raised 40% compare to the same period of last year.

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