Work on a 1.4 trillion VND (66.6 million USD) wood production line started on February 20 at the Quan Ngang Industrial Zone, Gio Linh district in the central province of Quang Tri.
The line, MDF VRG Quang Tri wood factory’s second, will have a designed annual capacity of 120,000 cu.m. of medium-density fibreboard (MDF) and use the most advanced technology in wood processing.
Scheduled to be completed in the second quarter of 2015, the line will triple the MDF VRG Quang Tri wood joint stock company (GEWOODCO)’s growth rate, earning 1.3 trillion VND in revenue per year and generating more than 2,000 jobs for local workers.
Speaking at the ground-breaking ceremony, Deputy Prime Minister Nguyen Xuan Phuc highly valued the efforts of the province, the Vietnam Rubber Group and GEWOODCO in building the factory, helping a large number of local farmers earn a living from growing trees to supply wood to the company.-VNA
The line, MDF VRG Quang Tri wood factory’s second, will have a designed annual capacity of 120,000 cu.m. of medium-density fibreboard (MDF) and use the most advanced technology in wood processing.
Scheduled to be completed in the second quarter of 2015, the line will triple the MDF VRG Quang Tri wood joint stock company (GEWOODCO)’s growth rate, earning 1.3 trillion VND in revenue per year and generating more than 2,000 jobs for local workers.
Speaking at the ground-breaking ceremony, Deputy Prime Minister Nguyen Xuan Phuc highly valued the efforts of the province, the Vietnam Rubber Group and GEWOODCO in building the factory, helping a large number of local farmers earn a living from growing trees to supply wood to the company.-VNA
