# ESMO Group opens automobile component plant in Ninh Bình

ESMO Group from South Korea opened the ESMO VINA plant in Ninh Bình, Vietnam, on September 20, 2019. The plant cost over VNĐ300 billion ($12.9 million), covers nearly 64,000 sq.m, and can produce about 450,000 automobile components annually.

- Type: New facility
- Announced: 2019-09-21
- Where: Gia Phú Industrial Cluster, Gia Viễn District, Ninh Bình, Vietnam
- Value: $12.9M (300.0B VND)
- Starts operating: 20 Sep 2019
- Status: completed
- Capacity: 450,000 items annually
- Products: automobile components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Esmo](https://endata.com/companies/32973.md)
- [ESMO Vina Corporation](https://endata.com/companies/34729.md)

## Sources

- [vietnamnews.vn](https://vietnamnews.vn/economy/535717/automobile-component-plant-opens-in-ninh-binh.html), 2019-09-21: "The ESMO VINA plant is capable of producing about 450,000 items annually."

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