WHA INDUSTRIAL ZONE 1-NGHE AN WELCOMES GOERTEK PRECISION INDUSTRY

Goertek Precision Industry Vietnam Co., Ltd., received the Investment Registration Certificate during a special ceremony held last Oct 16, 2020. Mr. Nguyen Xuan Phuc (5th right), Prime Minister of Vietnam, handed over the certificate to Mr. Jung Dea Yong (5th left), Board of Directors Representative in Vietnam of Goertek

Nghe An, October 16, 2020 – WHA Industrial Development Plc. (WHAID), a leading developer of industrial estates in Thailand and Vietnam, has announced the signing of a land agreement with Goertek Precision Industry Vietnam Company Limited, subsidiary of China-based Global Manufacturer of Smart Hardware and High-precision Components at WHA Industrial Zone 1 – Nghe An (WHAIZ 1-Nghe An). Goertek Precision Industry Vietnam, which specializes in micro-electromechanical systems (MEMS), purchased an area of 40.48 ha (253 rai) to develop their factory complex for the manufacturing of mobile phones’ electronic components, such as air pods.

Headquartered in Weifang, Shan Dong Province, China, and listed on the Shenzhen Stock Exchange. With a workforce of nearly 40,000 employees, Goertek Precision Industry Vietnam produces smart hardware and high-precision acoustic and optic components. The group’s clients comprise famous partner of major phone manufacturing companies in United States.

Goertek Precision Industry Vietnam just obtained its Investment Registration Certificate (IRC) from Vietnamese authorities on October 16. Construction work and industrial operations are expected to start in late 2020 and mid 2021 respectively.

Goertek Precision Industry Vietnam selected WHA Industrial Zone 1-Nghe An for its new investment due to WHA’s demonstrated customer reputation, its unique international leading

infrastructure and utilities, as well as its smart ECO environment-friendly industrial zone solutions.

Mr. Jung Dea Yong, Board of Directors Representative in Vietnam of Goertek, declared: “We received great support from the Nghe An provincial authorities and were impressed with WHA Industrial Zone team’s professionalism and extensive knowledge and experience. In addition to its great location in North Central Vietnam, WHA Industrial Zone offers several advantages, like an abundant and well-trained workforce, and the possibility to expand further in view of our future growth.”

Mr. Jung Dea Yong, Board of Directors Representative in Vietnam of Goertek

“We are delighted to welcome Goertek Precision Industry Vietnam at WHA Industrial Zone 1-Nghe An” said Ms. Jareeporn Jarukornsakul, Chairman and Group Chief Executive Officer, WHA Corporation PCL. “It is the confirmation that Vietnam is a destination of choice for Chinese investors in various industrial sectors such as precision electronics.”


Ms. Jareeporn Jarukornsakul, Chairman and Group Chief Executive Officer, WHA Corporation PCL

Mr David Nardone, Group Executive Industrial and International, WHA Industrial Development Plc., commented: “This investment by Goertek Precision Industry Vietnam at WHA Industrial Zone 1-Nghe An is a welcome addition to our Vietnam investors from China, Japan, Vietnam and Thailand. Goertek is confidently setting up their operation with the advantages that WHA and Nghe An Province provide in terms of geographical location, workforce availability, infrastructure, utilities and eco-friendly solutions.”

Mr David Nardone, Group Executive Industrial and International, WHA Industrial Development Plc

Overview of WHA Industrial Zone 1 – Nghe An

About WHA Industrial Development (WHAID)

WHA Industrial Development (WHAID) part of WHA Group, is the leader in fully-integrated industrial estate solutions in Thailand and Vietnam.

As a world-class industrial estate developer, WHA offers strong and efficient infrastructure, utilities, industrial clusters including automotive and petrochemical clusters, and comprehensive industrial services. WHA Industrial Development Plc. has developed 11 industrial estates (10 in Thailand and 1 in Vietnam) with 8,000 hectares and 1,200 factories.

Other WHA Group’s operations include Logistics, Utilities & Power, and Digital Platform with an integrated service offering that enables it to provide customers with turn-key solutions.

About Goertek Precision Industry Vietnam Company Limited

· Head Quarter: Goertek Technology (Hong Kong) Co., Ltd

· Investment capital: USD 100 million

· Products: Bluetooth earphone, Speaker, Speaker Module, Microphone, Receiver, Smart watch, Virtual Reality Glasses, Camera, Etc.

· Capacity: 1,322,223,000 units/year

For more information, please contact:

Nghe An Office: Telephone: (+84) 238 222 9999; Address: Lot AC1-1, WHA Industrial Zone 1 - Nghe An, Nghi Long Commune, Nghi Loc District, Nghe An Province, Vietnam

Hanoi Office: Telephone: (+84) 243 574 6999; Address: 11th Floor, Daeha Business Center, No. 360 Kim Ma Street, Ba Dinh District, Hanoi. Email: invest@whavietnam.com Website: https://www.whavietnam.com/