US$300 Million Fiber Plant under Construction
TexHong Textile Group from China began building a yarn factory in Hai Yen industrial park, in the northern province of Quang Ninh on July 10.
The US$300 million factory will have 6 workshops covering an area of 40 ha with total design capacity of nearly 140,000 tonnes per year.
In the first and the second phrases of the project, a cluster of four workshops will be built to produce 92,000 tonnes of natural cotton and synthetic fabrics, cloth products a year.
Construction of the last two workshops with a combined capacity of 46,000 tonnes per year will be completed in the third phase, lasting until 2017.
The factory will go into operation in the third quarter of 2013.
VOV
Vietnamese
October 2024
Hanoi
