# Geleximco and Chinese partners to build $400M auto part plant in Thai Binh

Geleximco Group and Chinese partners, including a subsidiary of GoldenSun, signed an agreement to build a $400 million auto part factory in Thai Binh province, Vietnam. The project will cover 200 hectares and employ 2,000-3,000 people.

- Type: New facility
- Announced: 2025-02-25
- Where: Thai Binh province, Vietnam, Vietnam
- Value: $400.0M
- Jobs: 3,000
- Starts operating: Oct 2027
- Status: announced
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Geleximco](https://endata.com/companies/41523.md)
- [GoldenSun](https://endata.com/companies/83177.md) (partner)

## Sources

- [theinvestor.vn](https://theinvestor.vn/vietnam-giant-geleximco-china-partners-to-build-400-mln-auto-part-plant-d14675.html), 2025-02-26: "The project is scheduled to begin construction in 2026 and enter operation in October 2027."

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