The Hai Phong Economic Zone Management Board has just granted an investment license to Hong Kong's Apex Wealth Internatiol Limitenad.
The USD14 million factory, to sit on 29,810sq.m., is designed to produce 12 million pairs of high-quality stockings a year at the Vietnam-Singapore Industrial Park (VSIP) Hai Phong.
The project is scheduled to get off the ground in June 2014 and churn out first commercial products a year later.
Apex is the third foreign direct investment (FDI) project Haiphong has attracted so far this year.
The Ministry of Planning and Investment reports Vietnam attracted USD397.2 million in newly-registered and additional FDI in January 2014, equivalent to 78.1% of last year’s January figure.
A total of USD465 million was disbursed in the reviewed period, a year-on-year rise of 3.3%./.
Đăng ký: VietNam News