# Asahi Intecc to build $74M medical device factory in Vietnam

Asahi Intecc Hanoi secured an investment certificate to build a $74 million factory in Thang Long Industrial Park, Vinh Phuc province, Vietnam. The plant is expected to start operation in Q1 2025 and employ 1,600 people.

- Type: New facility
- Announced: 2022-12-16
- Where: Thang Long Industrial Park, Vinh Phuc province, Vietnam
- Value: $74.0M
- Jobs: 1,600
- Starts operating: Q1 2025
- Status: announced
- Capacity: 36 million meters stainless steel wire, 6 million sets PTCA, 6 million sets SPGW, 4.8 million pieces plastic tubes for catheters, 36 million meters plastic tubes for syringes, 10 metal shaping tools/machines per year
- Products: stainless steel wire, PTCA sets, spring guidewire, plastic tubes for catheters and syringes, metal shaping tools
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Asahi Intecc](https://endata.com/companies/33087.md)

## Sources

- [theinvestor.vn](https://theinvestor.vn/japan-medical-device-maker-asahi-intecc-to-build-74-mln-vietnam-factory-d2905.html), 2022-12-16: "The eight-hectare factory in Thang Long Industrial Park is expected to start operation in the first quarter of 2025 and employ 1,600 people."

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