Japan’s Mitani Sangyo Group inaugurated its 10 million USD chemical factory in Long Thanh industrial park in the southern province of Dong Nai on April 24.

Operational from next month, the Aureole Fine Chemical Products factory manufacture chemicals, liquid additives, cosmetics and animal feed across a 30 hectare sprawl.

It is expected to generate jobs for hundreds of manual and skilled workers.

Phan Thi My Thanh, Vice Chairwoman of the provincial People’s Committee, said the province’s 31 local industrial zones have so far accepted 1,400 foreign projects worth nearly 25 billion USD.

Among 40 countries and territories investing in Dong Nai, Japan is the fourth largest investor with 173 projects capitalised at more than 2.9 billion USD, she added.-VNA