Dong Nai licenses US$74 million fabric producing projects

10:06, 25/06/2016

(ĐN)- Dong Nai Province's Industrial Zone Authority (DIZA) on June 24 granted two investment licenses to projects in textile-garment supporting industry at Nhon Trach Industrial Park 6 in Nhon Trach district.

 

(ĐN)- Dong Nai Province's Industrial Zone Authority (DIZA) on June 24 granted two investment licenses to Dong Won Vietnam Company and Yong A Textile Vietnam Company in textile-garment supporting industry at Nhon Trach Industrial Park 6 in Nhon Trach district.

The licenses were granted on March 4 (Source:VNA)
Vice Chairwoman Nguyen Hoa Hiep  hands  investment to Yong A Textile Vietnam Company.

Accordingly, Dong Won Vietnam Company invested US$60 million in its fabric factory covering nearly 12 hectares of land with annual capacity of over 20,000 tons of products. Meanwhile, Yong A Textile Vietnam will spend US$14 million on a fabric producing project with annual capacity of nearly 12,900 tons of products.

According to Vice Chairwoman Nguyen Hoa Hiep of Dong Nai provincial People’s Committee, the province has so far lured around 1,071 projects worth nearly US$20.4 billion from 42 countries and territories, adding that Republic of Korea is leading investor among 42 countries and territories investing in Dong Nai.

Located in the southern key economic region, the province is home to 36 industrial parks covering an area of over 12,057 hectares.

Reported by H.G