On June 27, 2023, An Phat High-Tech Industrial Park No.1 Joint Stock Company (a member of An Phat Holdings) has signed the official land sublease agreement with and handed over the land to Hongpu Paper Industrial Company Limited (a subsidiary of Yuan Fu Co., Ltd).
Yuan Fu Co., Ltd’s project focused on the production of carton board, carton box, and a broad spectrum of other paper and cardboard packaging materials. The project received its primary investment registration certificate from the Hai Duong Industrial Zones Authority in April 2023. Subsequently, Hongpu Paper Industrial Company Limited was founded to implement the project. With a land coverage of 2 hectares and a total investment capital of $3.1 million, the project is expected to start operation by December 2024 and significantly contribute to the economic landscape and boost local employment opportunities.
After the agreement signing ceremony, the land lot was officially handed over to Hongpu Paper Industrial Company Limited by An Phat High-Tech Industrial Park No.1 JSC. Establishing a manufacturing factory in An Phat 1 Industrial Park is a strategic decision that promises to deliver bring many benefits to Yuan Fu Co., Ltd, as well as Hongpu Paper Industrial Company Limited.
An Phat 1 offers strategic advantages owing to its prime geographic location within Northern Vietnam’s golden economic triangle, situated at Km 72 on National Highway 37 in the Nam Sach District of Hai Duong Province. The location offers ease of connectivity to other key areas, enhancing logistics and transportation efficiency. An Phat 1 also has a robust and advanced infrastructure system, providing a secure and sustainable environment for production. In addition to the location and infrastructure, An Phat 1’s professional and dedicated team provides efficient one-stop services, offering potential time and cost savings to businesses considering investment and production opportunities within the industrial park.
