The Taiwanese motorbike producer Kymco Group officially opened its new 20 million USD factory at the Dai Dang Industrial Park in southern Binh Duong province on May 19.

As part of the group’s long-term strategy, the newly built factory is set to become a manufacturing centre supplying motorbikes and components to the entire Southeast Asia region and several European countries, such as Germany, France and Italy .

At the opening ceremony, Vice Chairman of the provincial People’s Committee, Tran Thanh Liem, spoke highly of the hi-tech project, which satisfied all local requirements for an investment.

Three new product lines were introduced to the public the same day, including Many S 50cc bikes suitable for young customers and the K-Pipe 125cc and Xciting 400 models.

Kymco Group has established two factories and a number of showrooms in Vietnam.-VNA