(ĐN)- On July 10, Chairman of Dong Nai provincial People's Committee Dinh Quoc Thai had a working session with Chairman of Kenda Rubber Industrial Co Ltd Ying-Ming Yang on investing in an additional factory in the province.
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| Chairman of Kenda Rubber Industrial Co Ltd Ying-Ming Yang (M) works with Dong Nai province's leader on investing in an additional factory in the locality. |
(ĐN)- On July 10, Chairman of Dong Nai provincial People’s Committee Dinh Quoc Thai had a working session with Chairman of Kenda Rubber Industrial Co Ltd Ying-Ming Yang on investing in an additional factory in the province.
Besides its current factory in Trang Bom district’s Ho Nai industrial park with an initial registered capital of US$36 million, which was raised to US$100 million, Kenda Rubber plans to build an additional factory in the province in the coming time.
The factory, producing tires and tubes for bicycles, motorcycles, industrial vehicles and light trucks, will be built at a cost of US$300 million. It is expected to produce US$300 million worth of products a year and provide jobs for more than 4,000 workers.
Speaking at the working session, Chairman Dinh Quoc Thai pledged that Dong Nai’s authorities would create favorable conditions for the company to invest in the locality.
Reported by H.G
