Construction of the Panko Tam Thang textile-garment plant and Ducksan Vina garment accessory plant commenced on July 30 at the Tam Thang industrial park in the central province of Quang Nam.
The ground-breaking ceremony. (Photo: thanhnien.com)
Construction of the Panko Tam Thang textile-garment plant and Ducksan Vina garment accessory plant commenced on July 30 at the Tam Thang industrial park in Tam Ky city, the central province of Quang Nam.
The Republic of Korea (RoK)-invested Panko Tam Thang plant will be built at a total cost of 70 million USD and cover 33.5 hectares of land. Once operational, the plant will create jobs for 15,000 labourers.
Meanwhile, the textile-garment-dyeing Ducksan Vina factory, invested with 10 million USD across nearly 7 hectares, will produce 4,800 tonnes of fibre and 4,800 tonnes of cloth while dyeing 4,800 tonnes of cloth every year. Some 500 labourers are expected to work in the plant.
At the ground-breaking ceremony, Chairman of the garment-textile Panko Group and Chairman of the RoK- Vietnam Friendship Association Choi Young Joo said that in addition to the production line, the group will build gymnastics and cinema facilities to serve worker and local resident demands.
He added that through support from local authorities, the group is pushing the plant construction forwards in a bid to deliver the first products to domestic and foreign customers by the end of 2015.-VNA
Vinatex has encouraged its member businesses and other enterprises in the textile and garment industry to invest in production of materials including fabric and fiber, and to form a complete material supply chain. Report by the Vietnam Economic News.
Investors from the Republic of Korea (RoK) are showing greater interest in Vietnam’s textile and garment sector, the Vietnam Investment Review reported on June 19.
In the past 10 months, nearly 20 foreign firms invested hundreds of millions of US dollars in Vietnam's garment industry, the English language news portal VietNamNet Bridge reported.
The Vietnam Textile Group (Vinatex) will build a fiber-weaving-dying and garment complex in Que Son district in the central province of Quang Nam this year, costing 1.5 trillion VND (71 million USD).
The Vietnam Textile Group (Vinatex) broke ground on a fibre-weaving-dyeing and garment complex in Que Son district in the central province of Quang Nam on March 25.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
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The ground-breaking ceremony. (Photo: thanhnien.com)
