LG Group is specialized in manufacturing equipment and technology consumer electronics , mobile communications and home appliances with more than 84,000 employees working in 112 fields in 81 subsidiaries worldwide . LG Electronics plant project is the construction project factory specializing in the manufacture of electronic products and household refrigeration project located in high-tech combination of LG Electronics Group at the Trang Due in Dinh Vu Economic Zone - Cat Hai . It is expected that the plant went into operation will create 20,000 jobs for workers in the province and neighboring provinces .
The project has a total investment of $ 1.5 billion , and enjoy the same preferential investment projects in coastal economic zones , such as corporate income tax rate of 10% in the first 15 years , the private projects in the fields of high technology , the tax rate will be 10 % for the duration of the project ...
Previously, LG has signed an agreement to lease 40 hectares of land in the Trang Due , under the management of the Corporation Kinh Bac Urban Development . In March , the group's leaders also announced the immediate will invest $ 300 million in project manufacturing electronic products and household refrigeration in Haiphong .
However, after additional information was Trang Due to the economy , South Korea has conducted research , surveys and greater investment decision for the project , divided into several stages . It is also arguably one of the reasons that come September , the project was officially granted an investment certificate .