Kingfa, a leading supplier of advanced polymer materials with an extensive global presence spanning over 28 years and more than 40 subsidiaries worldwide, has chosen AMATA City Long Thanh for its inaugural factory in Vietnam.
On August 17, 2023, at the Amata office, Mr. Bo Jingen, General Director of KINGFA SCIENCE & TECHNOLOGY (VIETNAM) CO., LTD, and Mr. Thai Hoang Nam, General Director of AMATA City Long Thanh, signed a land lease agreement for a 14.4-hectare plot dedicated to the production of new materials. These materials encompass innovative materials, high-performance plastics, biodegradable materials, and synthetic resins, with a total project investment of USD80 million. The venture is anticipated to generate 1,000 jobs for the local community.
Founded in 1993, Kingfa has excelled in the research, production, and sales of advanced chemical materials. The company has demonstrated consistent growth, with impressive achievements, including being listed on the Shanghai stock exchange since 2004, recognition as a top innovator in Global 1000 innovations, and exporting products to over 130 countries and regions. With a commitment to implementing high technology and innovation in production in Vietnam, Kingfa highly values the strategic location and growth potential of Amata City Long Thanh, leading to cooperative and prompt decisions and negotiations.
As the second investor with a background in high-tech industries, the successful welcome of Kingfa underscores AMATA City Long Thanh's dedication to sustainable development and its appeal to modern industrial tenants seeking an ideal destination for business growth in the Southern key economic region of Vietnam.
For more information about Kingfa, please visit the company's website: https://www.kingfa.com/en/