The baby diapers and sanitary napkins production plant is located at the Mariel special development zone in Cuba. (Photo: VNA) Havana (VNA) – Thai Binh investmenttrading group has inaugurated a plant making baby diapers and sanitary napkinsat the Mariel special development zone in Cuba.
This is the first Vietnamese factory in Cuba.
Speaking at the inaugural ceremony on November19, Chairman of the group Tran Thanh Tu said the plant was built on 10,000square metres, with the initial investment of 9.3 million USD.
It is designed with two production lines usingadvanced technology and able to produce 120 million diapers and 240 millionsanitary napkins per year, meeting about 70 percent of demand for the productsin Cuba.
Tu said his group has had 20 years ofdevelopment in Cuba and it is one of the important suppliers of consumerproducts for the market.
He added that the group aims to export productsto other markets in the Caribbean in the second phase of the project and plansto build a washing powder factory with a capacity of 50,000 tonnes per year inCuba.
Cuban Ambassador to Vietnam Nguyen Trung Thanhsaid the inauguration of the plant is an important milestone in the bilateralinvestment ties, and a new area in the bilateral economic cooperation.
For his part, deputy director of the Mariel specialdevelopment zone Yanet Vázquez Valdés, highlighted the important role ofVietnamese projects in the zone.
He affirmed that the management board of thezone always welcomes and is ready to create the best possible conditions forVietnamese businesses.
On this occasion, Thai Binh group presented200,000 baby diapers to Havana’s education department, to be distributed to orphancare centres in the Cuban capital./.
VNA
