# Boway Alloy to invest $51M in Vietnam plant expansion

Ningbo Boway Alloy Materials Co. plans to invest CNY335 million ($50.9 million) to expand its functional materials manufacturing facility in Bac Ninh, Vietnam, raising annual capacity by 35,000 tons. Construction is expected to take 18 months, with operations targeted for June 2028.

- Type: Expansion
- Announced: 2026-10-28
- Where: Hoa Phu Industrial Park, Bac Ninh city, Vietnam
- Value: $50.9M
- Starts operating: Jun 2028
- Status: announced
- Capacity: 35,000 tons per year
- Products: functional alloy materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ningbo Boway Alloy Materials Co.](https://endata.com/companies/94893.md)
- [Bedra Vietnam Alloy Materials Co.](https://endata.com/companies/94894.md)

## Sources

- [theinvestor.vn](https://theinvestor.vn/boway-alloy-to-invest-51-mln-in-northern-vietnam-plant-expansion-d20392.html), 2026-11-06: "The project will be implemented through its wholly owned subsidiary, Bedra Vietnam Alloy Materials Co., at Hoa Phu Industrial Park in Bac Ninh city."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.