Ba Ria-Vung Tau (VNA) - YoshinoGypsum Vietnam Co., Ltd began construction on a 50 million USD gypsum factoryin Phu My town in the southern province of Ba Ria - Vung Tau on June 13.
Speaking at the groundbreaking ceremony, ViceChairman of the provincial People’s Committee Nguyen Thanh Long expressed hisbelief that the factory will help improve local production technology andgenerate jobs for locals.
The factory will provide gypsum products thatmeet Japanese standards of quality for the construction material market inVietnam, he said.
Ba Ria – Vung Tau will continue improving itsbusiness environment and facilitate the operation of businesses, he affirmed.
Sudo Eisaku, Chairman and CEO of Yoshino GypsumVietnam Co., Ltd, said the project is wholly-owned by Yoshino Gypsum of Japan.
It is expected to be put into operation inDecember 2020. Yoshino Gypsum will apply the most advanced Japanesetechnologies to produce gypsum products for the Vietnamese market.-VNA