Toshiba Asia to build high-efficiency motor factory in Dong Nai

11:12, 25/12/2008

(ĐN)- On December 12, Dong Nai Industrial Zones Authority granted an investment licence to Toshiba Industrial Products Asia Co. Ltd under Japan-based Toshiba Corporation to build a high-efficiency motor factory in Amata Industrial Park.

(ĐN)- On December 12, Dong Nai Industrial Zones Authority granted an investment licence to Toshiba Industrial Products Asia Co. Ltd under Japan-based Toshiba Corporation to build a high-efficiency motor factory in Amata Industrial Park. The event was witnessed by Secretary of the provincial Party Committee Tran Dinh Thanh and Vice Chairman of the provincial People’s Committee Dinh Quoc Thai.

Secretary Tran Đinh Thanh hands investment licence to Mr.Ryuichi Nakata, Vice President of Toshiba Corp.

The factory will be built on an area of 80,000 sq.m with a total estimated investment capital of $77 million. It will produce high-efficiency energy-saving motors. This is Toshiba Corporation’s sixth factory in Vietnam.

 

The project is scheduled to start construction in April 2009 and will come on line in September 2010.

Reported by V.Lam