# ESMO Corporation starts construction of automobile cable factory in Vietnam

ESMO Corporation (Korea) has started construction of its first ESMO VINA automobile cable factory in Gia Phu Industrial Complex, Ninh Binh, Vietnam. The factory has a total area of 63,500 m2 and total investment capital of 700 billion VND, expected to create jobs for 2,000 employees.

- Type: New facility
- Announced: 2023-05-05
- Where: Gia Phu Industrial Complex, Ninh Binh, Vietnam
- Value: $29.8M (700.0B VND)
- Jobs: 2,000
- Status: under construction
- Capacity: 450,000 products a year
- Products: Wiring Harness, Battery Module Harness, electric vehicle charger cable
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Esmo](https://endata.com/companies/32973.md)

## Sources

- [antconsult.vn](https://www.antconsult.vn/news/esmo-corporation-korea-kicked-off-the-first-automobile-cable-factory-in-vietnam.html), 2023-05-05: "ESMO Corporation (precursor is NEXEN TECH Corporation – Korea) has just started construction of the first ESMO VINA automobile cable factory in Vietnam."

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