Meiko Group breaks ground on $500M chip plant in Phu Tho, Vietnam

Meiko Group (Japan) held a groundbreaking ceremony for its sixth factory in Vietnam, the Meiko Yen Quang Electronic Microchip Manufacturing Plant in Phu Tho province, with an initial investment of $500 million. The plant is expected to create 2,000 jobs and generate $530 million in annual revenue.

“The Meiko Yen Quang project is one of the Group's strategic projects, focusing on AI and aerospace technology with an initial investment of up to $500 million.”vietnam.vn

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• vietnam.vnConstruction begins on an electronic chip factory with a total investment of $500 million.Báo Đầu tưDec 28, 2025

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