Illustrative image (Source: VNA) A 1.07-trillion-VND (47.6 million USD) medium-density fibreboard (MDF) factory was constructed in the northern province of Bac Kan as part of an investment cooperation between the locality and Ho Chi Minh City.
The facility, with an annual capacity of 108,000 cubic metres of MDF, is significant to Bac Kan ’s socio-economic development as it is expected to consume up to 300,000 cubic metres of material wood every year, boosting local reforestation.
The project’s investor Sahabak – an affiliation of the Saigon Industry Corporation, Hanoi Construction Corporation, Bac Kan Forestry Company and Saigon-Indochina Real Estate Joint Stock Company – has also signed an equipment supply contract with Italy’s IMAIL-PAL Group.
The first phase of the project has been completed with the capacity to manufacture 6,000 cubic metres of MDF each year from about 30,000 cubic meters of material wood.-VNA
