Yamaha to Build New Motorcycle Parts Production Plant in Vietnam

Yamaha to Build New Motorcycle Parts Production Plant in Vietnam

Japan’s Yamaha Motor Co., Ltd has recently received permission to set up a wholly foreign-invested company in the Vietnamese capital of Hanoi to produce engine parts for motorbikes and automobiles.

The new company, named Yamaha Motor Parts Manufacturing Vietnam Co., has a total investment capital of USUS$47.62 million and a charter capital USUS$14.3 million.

The company, headquartered in Thang Long Industrial Park in Dong Anh District, will build a factory in the park with an annual capacity of one million die-cast motorcycle engine parts including cylinder heads and 900,000 steel parts like gears and transmissions.

The factory is expected to open for operation by January next year and will supply motor parts to Yamaha Motor Vietnam and export to Japan.

Yamaha Motor Parts Manufacturing Vietnam Co. expects to earn USUS$20 million from sales of motorbike parts in the first year of operation.

The company will employ 540 workers.
Investment