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Car maker Thaco steps up production

Truong Hai Auto Corporation (THACO) on September 14 inaugurated its upgraded and expanded Thaco KIA factory at the Tam Hiep Industrial Zone in the central province of Quang Nam.
Car maker Thaco steps up production ảnh 1Truong Hai Auto Corporation (THACO) on September 14 inaugurated its upgraded and expanded Thaco KIA factory at the Tam Hiep Industrial Zone in the central province of Quang Nam.(Photo: VNA)

QuangNam (VNA) – Truong Hai Auto Corporation (THACO) on September 14inaugurated its upgraded and expanded Thaco KIA factory at the Tam HiepIndustrial Zone in the central province of Quang Nam.

Pham Van Tai, THACO General Director, said the project has been implemented forseven months, with technical support from experts of the Republic of Korea(RoK)’s Kia Motors Group.

Under the project, the factory has been equipped with cutting-edge technologiesand its capacity has been increased from 20,000 to 50,000 vehicles per year, hesaid.  

The factory covers a total area of 20 hectares, with accumulative investmentamounting to 450 billion VND (19.35 million USD), Tai added.

THACO commits to making greater efforts in order to raise the localisationrate, meeting the demand for export to regional countries, he said.-VNA

VNA
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