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New FDI Project licensed

06/07/2011

The People’s Committee has lately granted aninvestment certificate for the Joint Venture Project of Khang Thong Group andSTFE Company of Thailand.The newly established foreign direct invested enterprise, KST EnergyDevelopment Joint Venture Company, will provide services of manufacture andtechnical consultancy. The registered capital for the KTS Energy DevelopmentProject is USD 3,000,000.

The People’s Committee has lately granted aninvestment certificate for the Joint Venture Project of Khang Thong Group andSTFE Company of Thailand.The newly established foreign direct invested enterprise, KST EnergyDevelopment Joint Venture Company, will provide services of manufacture andtechnical consultancy. The registered capital for the KTS Energy DevelopmentProject is USD 3,000,000.

This is the second licensed project in the yearafter the JWD Industries Vietnam Co., Ltd project which was previously licensedby the Binh Dinh Economic Zone Administration.

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