Groundbreaking Ceremony of Autoliv Vietnam project

Autoliv is a leading worldwide group developing and manufacturing automotive safety features. Autoliv is currently in the Top 500 Global largest companies, ranked 463 in the Fortune 500 with 34 factories all over the world.

Autoliv Vietnam plant is built on a total area of 9ha following a green and environmentally friendly roadmap, of which the total floor area is 50,900m2, the green area is over 31,000m2, and the internal traffic land is 15,000m2. The plant's master plan includes the following items: Plant no.1 – Cutting, Sewing, Office - Warehouse, Plant no.2 - Beaming, Weaving, Scouring, Coating, and auxiliary facilities. The plant will start construction in the third quarter of 2023 and is expected to officially start operation by October 2025.

INVESTCORP is honored and proud to be selected as the Design & Build General Contractor for the first Autoliv Plant Project in Vietnam. With extensive experience in the field of industrial construction, INVESTCORP will embark on project implementation with a spirit of urgency and effort, ensuring the goal of "Safety - Quality - Progress - Environmental friendliness" to complete the Autoliv Vietnam project in accordance with the requirements of the Investor.

The groundbreaking ceremony of the Autoliv Vietnam project took place successfully, marking an important milestone for INVESTCORP because this is the first project the Group has cooperated and worked with a European Partner. This demonstrates the trust of our partners, and at the same time affirms the brand of INVESTCORP in construction capacity.