OnNov22th 2016 Sinomag Technology (Vietnam) Co.,Ltd was issued the Investment Certificate No.8723483841 by TIZA signed.
Sinomag Technology (Vietnam) Co.,Ltd specializes in production eternal magnet. Capital investment of the projiect is 10 million USD, leasing area of 30.000 m2. This project is expected to start operation on January 2018.
After operating, Sinomag Technology (Vietnam) Co.,Ltd will contribute to improving the local socio-econemic development.