From the Chatham News + Record:

By Bill Horner III, Publisher

The genesis
“Project Blue,” as it was first known, got its start with a site visit by VinFast to the TIP site in Chatham County back in December.

“We’ve really been working really hard on this project in the last four weeks,” Chatham County Manager Dan LaMontagne told the News + Record. Michael Smith, president of the Chatham EDC, described the last two weeks of work in finalizing agreements between all parties “intense.” The final MOU (memorandum of understanding) was signed on Tuesday.

The group involved in putting together the proposal for VinFast included multiple local, regional and state partners — among them, the N.C. Dept. of Commerce, N.C. General Assembly, the Golden Leaf Foundation, Central Carolina Community College and the state’s Community College System, the state departments of Transportation and Environmental Quality, North Carolina Railroad Company, Raleigh Executive Jetport, Duke Energy, the Triangle J Council of Governments, Samet Corporation, City of Sanford, Dominion Energy, CSX Railroad, North Carolina State Ports Authority, Preston Development, ECS Southeast, the Kaplan Companies and the Lee-Moore Capital Company.

VinFast considered another site in the U.S. but turned its focus on Chatham early in March.

Continue reading on the Chatham News + Record website.