Fujifilm Holdings Corporation unsponsored ADR has received investment permission and will invest in two projects in Guangning Province, a coastal province in northern Vietnam, with an investment amount of approximately 0.551 billion US dollars.
According to a press release from the Guangning Provincial Government website, Fujifilm will invest 0.2637 billion US dollars in the Song Khoai Amata Industrial Park to produce Asia Vets entertainment products, with a designed production capacity of 4.18 million units per year.
According to the announcement, the investment amount for the other project is 0.2872 billion US dollars, and it will be built in the Bac Tien Phong Industrial Park to produce Asia Vets smart system equipment, with a designed production capacity of 8.78 million pieces per year.