# Hanwha Techwin plans $50M security equipment plant in Bac Ninh

Hanwha Techwin Group plans to build a security equipment manufacturing factory in Que Vo Industrial Park, Bac Ninh province, Vietnam, with total investment of $50 million. Phase one is slated for 2019 with $30 million investment, creating 1,500-2,000 jobs and annual capacity of 2 million products.

- Type: New facility
- Announced: 2016-12-20
- Where: Que Vo Industrial Park, Bac Ninh, Vietnam
- Value: $50.0M
- Jobs: 2,000
- Starts operating: 2019
- Status: announced
- Capacity: 2 million products per year
- Products: security equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hanwha Techwin](https://endata.com/companies/1171.md)

## Sources

- [vir.com.vn](https://vir.com.vn/bac-ninh-welcomes-50-billion-south-korean-security-plant-46615.html), 2016-12-20: "The construction will be divided into two phases, the first is slated for 2019 with a total investment capital of $30 million."

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