At the inauguration ceremony (Source: VNA)

Ha Nam (VNA) - A Japanese-invested plant specialising in manufacturing, processing and assembling plastic, rubber and metal components for machines and equipment was inaugurated in the northern province of Ha Nam on November 23.

Invested by Chuo Bussan Co., Ltd on an area of 2 ha in the Dong Van 3 Industrial Park in Duy Tien district, the Chubutsu Vietnam plant has a total investment of 15 million USD.  It is one of 80 foreign direct investment (FDI) projects invested by Japan in Ha Nam.

Yochihiko Mio, Chairman of Chuo Bussan, said that this is the firm’s first project in Vietnam, hoping that the local authorities and agencies will support and create favourable conditions for the company to operate effectively in the time to come.

Vice Chairman of the provincial People’s Committee Truong Quoc Huy praised efforts made by the Japanese investor to accelerate the construction of the project and put it into operation on schedule.

The plant’s operation will help meet the demand of the market and create jobs for labourers, thus contributing to promoting the local socio-economic development.

Huy hoped Chubutsu Vietnam will strictly follow legal regulations, and well perform its rights and obligations, as well as pay attention to ensuring benefits for its employees.

He affirmed that the locality has been making efforts to improve the investment and business environment, and create favourable conditions for investment projects to be implemented quickly and smoothly. -VNA