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THACO: Forming the most extensive spare parts manufacturing industrial park in Vietnam

On October 20, Quang Nam Provincial People’s Committee coordinated with Truong Hai Group Corporation (THACO) to organize an online seminar with businesses in Quang Nam province and Quang Nam business in Ho Chi Minh City. The meeting aims to discuss the process of linking and cooperating to develop supporting industries in the mechanical sector and related activities.

Mr. Tran Ba ​​Duong, Chairman of THACO, answered questions and shared about business activities with businesses.

According to Mr. Le Tri Thanh, Chairman of Quang Nam Provincial People’s Committee, THACO is a pioneer and has the largest scale in the country in developing the automobile industry. It’s gradually transforming into a multi-purpose mechanical industry in Chu Lai – Quang Nam. Quang Nam province will make efforts to establish a sustainable cooperative relationship between small and medium enterprises in the mechanical and automobile industries in Quang Nam, participating in the production chain.

“Chu Lai Industrial Center will become a global brand, not just a complex of manufacturing and assembling automotive and multi-purpose mechanics like today. In particular, in the coming time, Quang Nam province will open the road to link with Thailand and Laos through the road system at Nam Giang International Border Gate Economic Zone. It is essential to expand the scale and gradually increase the localization rate of car lines and other mechanical products,” said Mr. Le Tri Thanh.

Chairman of Quang Nam Provincial People’s Committee emphasized: “In this difficult global situation, there is a corporation that takes the lead in implementation, then the opportunity opens up for us to do. I’m sure it’ll be successful. We symbiotically grow together.”

THACO’s export chair sewing line.

Mr. Tran Ba ​​Duong also affirmed that THACO’s strategy is from an automotive manufacturing and trading company to a multi-industry corporation; through automotive to develop a multi-purpose mechanical center in the Central region.

“The mechanical complex of THACO in Chu Lai is the largest mechanical facility in Vietnam with full equipment, machinery, and a force of engineers and skilled workers. With the philosophy of doing the real thing, creating real value, doing it methodically from low to high, from small to large, and choosing the goals, we offer a reasonable management model,” said Mr. Duong.

According to Mr. Duong, THACO has maintained production, meeting the mechanical needs of the whole country… because Quang Nam province has excellent anti-epidemic results. THACO exports components up to VND 2,000 billion this year, expected to export up to VND 4,000 billion next year.

“Organizing this seminar, we don’t say the direction and don’t do it only for the movement, but we must be responsible for the development of the multi-disciplinary mechanical supporting industry of the Central region. If we do this well, maybe we will see the growth of the mechanical support industry year by year,” said Mr. Duong.

 

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