Gelex to build $200M+ electrical equipment complex in Hai Phong

Vietnam Electricity Equipment Corporation (GELEX) signed a principle agreement to lease 50 hectares in Deep C III industrial park to build an electrical equipment manufacturing complex with investment of $200-300 million. The first phase includes a German-based cable factory operated by Cadivi, expected to be inaugurated by end of 2018.

“Gelex plans to build a 50-hectare electrical equipment complex with an investment of $200-300 million.”nhatlinhapato.com

• 1 source
• nhatlinhapato.comGelex invests more than $200 million to build a production complex in Hai Phong – Căn hộ Nhật LinhNov 14, 2017

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