A ground breaking ceremony for a wood processing plant funded by Laos
was held in the central province of Ha Tinh on July 4.
Speaking at the ceremony, the Chairman of the provincial People’s
Committee, Vo Kim Cu, said that the construction of the factory is just
one of the activities marking the 50th anniversary of Vietnam-Laos
diplomatic ties, 35 years of the signing of the Vietnam-Laos Friendship
Treaty and Vietnam-Laos Friendship and Solidarity Year 2012.
The 50 million USD factory will be operated by Laos ’ Phone Sack
Group and is designed to have the capacity to process 180,000 m3 of wood
Situated on a 30 ha site in the Vung
Ang Economic Zone, the factory will manufacture wood products such as
floorboards, tables and desks with most of the raw materials imported
from Laos , Myanmar , Indonesia and Malaysia .
The provincial leader asked the economic zone management board to
create favourable conditions for the investor to ensure the work
Once operational in late 2013, the factory is expected to generate jobs for over 1,500 local people.-VNA