Hai Duong province IP welcomes new factories

Key facilities at Lai Vu industrial park in Kim Thanh district, the northern province of Hai Duong, have been completed and the zone is ready for operation, a leader of the Lai Vu Limited Company has announced.
Key facilities at Lai Vu industrial park in Kim Thanh district, the northern province of Hai Duong, have been completed and the zone is ready for operation, a leader of the Lai Vu Limited Company has announced.

Hong Kong’s Pacific Vietnam Textile and Crystal Corporation is implementing two projects to build a textile and garment complex in the park at a total cost of 545 million USD. These are the largest foreign invested projects in Hai Duong.

The 425 million USD textile project will produce 360 million metres of knitwear per year and create jobs for 6,000 people when put into service in March next year.

Meanwhile, the expanded garment plant, worth 120 million USD, is set to produce 170 million products for export each year and provide jobs for 16,900 people.

The construction of Lai Vu industrial park was started in 2004. About 212.89 hectares of land has been reclaimed for the park so far.-VNA

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