A South Korean wind turbine manufacturer is planning to build a USD 200M wind power equipment factory in an industrial zone in Long An Province.
CS Wind recently signed a memorandum of understanding with Đồng Tâm Group for a land lease of 50ha in the province’s Đông Nam Á Industrial Zone to develop the factory, with an estimated investment of USD 200M in the first phase.
The factory will produce onshore and offshore wind turbine towers as well as offshore wind power products such as piles and transition equipment to supply to the global market.
To date, this will be the largest wind power equipment factory in the world. The factory is expected to supply oversized and overweight equipment weighing from 500 to 4,000 tonnes per unit.
In the first phase, all the imports and exports of the factory will be handled via Long An International Port, estimated at 150,000-200,000 tonnes per year, contributing to local and regional socio-economic development.
Huỳnh Văn Sơn, deputy chairman of the provincial People’s Committee, pledges to create a favourable and transparent business environment for investors coming to the southern province. Long An ranked second in the provincial competitive index in 2023 with rapid urbanisation and strong urban development.
