The US$400 million factory to produce steel radial and
(VOV) – November 30 saw the opening of Chinese company, Sailun Tires Co, Ltd, in Phuoc Dong-Boi Loi Industrial Park in the southern province of Tay Ninh.
semi-steel radial tyres in the province was licensed in 2011, on an area of 60 hectares, in the Phuoc Dong-Boi Loi IP and is the largest foreign-invested company in Tay Ninh to date.
The production plant has a design capacity of 150,000 tyres per year and is expected to generate some 1,000 jobs.
The executive director highlighted the factory’s application of modern and advanced production procedures to ensure its products meet the export requirements of Asian and other global markets.
In an opening speech Deputy Chairman of the provincial People’s Committee Huynh Van Quang said that the factory operation has contributed extensively to the province’s socio-economic development, living conditions and quality of life
After two years of development and building of infrastructure, the Phuoc Dong-Boi Loi IP has managed to attracted 11 investment projects including eight foreign-invested projects and three domestic projects capitalized at US$922 million and VND616 billion respectively. At present, three foreign-invested projects worth US$500 million have been put into operation
Đăng ký: VietNam News
