Ford Vietnam complete first-phase expansion of Hai Duong facility
The Ford Hai Duong expansion project’s first phase, which started in January last year, was completed on July 15, with 80 percent of the total investment in the project disbursed.
At the event to annouce the completion (Photo: VNA)
Hanoi (VNA) – The Ford Hai Duong expansionproject’s first phase, which started in January last year, was completed onJuly 15, with 80 percent of the total investment in the project disbursed.
The firm will bring its total number of employees to 1,200,when the two-phase project is completed in the middle of 2022,
On January 14 in 2020, Ford Vietnam announced it wouldinvest an additional 82 million USD into expanding its Hai Duong automobileassembly and production factory. Aiming to increase the plant’s annual outputto 40,000 units from the current 14,000, this move brought Ford’s totalinvestment in Vietnam to more than 200 million USD.
The factory has been being expanded by more than 60,000square metres, raising its total area to 226,000 square metres. Once completed,it will assemble and manufacture various models of cars and spare parts, aswell as provide maintenance and repair services.
The same day, Ford Ranger pickup trucks, locally assembledat the facility, became available for delivery.
Ranger is the key product of Ford Vietnam, remaining in thetop 10 best-selling vehicles in the country for months. Local sales of FordRanger reached 754 in June, bringing the total units sold in the first half of2021 to 6,912. The model was imported to serve local demand for the past twodecades./.
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Ford Ranger pickup trucks are being locally assembled at its facility in the northern province of Hai Duong and will be available for delivery on July 15.
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