At theground-breaking ceremony, Deputy Prime Minister Nguyen Xuan Phuc askedVinatex to coordinate with the locality to tackle compensation and siteclearance and ensure environmental hygiene.
The 10-hectarecomplex will cost over 1.2 trillion VND (55.8 million USD) and consistof a fibre plant with an annual capacity of 6,500 tonnes, a 6,000-tonnedyeing plant, a garment plant and waste water treatment facilities with adesigned capacity of 5,000 cubic metres per day.
The complex is an intensive investment project in the central region inpreparation for the Trans-Pacific Partnership Agreement (TPP). It willprovide material for boosting the textile and garment industry in QuangNam , Da Nang and other neighbouring coastal central provinces .
Once operations commence in the third quarter of 2017, the complex will create jobs for 2,000 local labourers.
According to the Vietnam Textile and Apparel Association, Vietnam has250 industrial parks nationwide, but only Nam Dinh, Hung Yen and BinhThuan province have areas reserves for developing thefibre-weaving-dying industry.-VNA