The Middle Area Construction & Shipbuilding Industry Co., Ltd. (Macshinco) under the Vietnam Shipbuilding Industry Group (Vinashin) inaugurated a ship cable factory in the central city of Da Nang on May 23.
Covering an area of 45,000 sq.m at the Hoa Khanh Industrial Park in Lien Chieu district, the 20 million USD factory is designed to have a capacity of 8,000 tonnes of products per year.
Equipped with modern machines from Europe, the factory, the first of its kind in Vietnam , will produce electric wires and cables serving the shipbuilding industry together with industrial and civil cables.
According to Macshinco Director Tran Quang Tuan, the factory expects to earn over 500 billion VND in revenues each year./.
Covering an area of 45,000 sq.m at the Hoa Khanh Industrial Park in Lien Chieu district, the 20 million USD factory is designed to have a capacity of 8,000 tonnes of products per year.
Equipped with modern machines from Europe, the factory, the first of its kind in Vietnam , will produce electric wires and cables serving the shipbuilding industry together with industrial and civil cables.
According to Macshinco Director Tran Quang Tuan, the factory expects to earn over 500 billion VND in revenues each year./.
