Vinatex splashes out on new plants in Ha Tinh
The Vietnam National Textile and Garment Group has planned investments into a series of plants in central Ha Tinh province to form a competent production chain serving domestic and foreign market
(Illustrative Photo: VNA)Hanoi (VNA) - The Vietnam National Textile and Garment Group (Vinatex) has planned investments into a series of plants in central Ha Tinh province to form a competent production chain serving domestic and foreign markets.
At a total capital of nearly 1 trillion VND (45.14 million USD), four factories, wastewater treatment, and water supply centres will be built, covering 19 hectares of the local Nam Hong industrial park.
The construction of two sewing plants – Hong Linh 1 and 2, costing 190 billion VND (8.6 million USD), will start in February 2016 and early 2017.
In late 2017, the Hong Linh plant for scarf weaving, with designed capacity of 1,500 tonnes per year, will be built under a 314-billion-VND (14.17 million USD) investment.
Last of the fours is a factory for dying and knitting worth 410 billion VND (18.5 million USD), which is capable of turning out 1,400 tonnes of products annually.
Vinatex has launched an emulation drive to increase productivity which is vital when the country accelerates international integration.-VNA
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