The Vietnam Textile Group (Vinatex) will build a fiber-weaving-dying andgarment complex in Que Son district in the central province of QuangNam this year, costing 1.5 trillion VND (71 million USD).
DeputyGeneral Director of the group, Tran Van Pho, said on January 13 that thecomplex was part of the Memorandum of Understanding (MoU) signedbetween Vinatex and the province two years ago.
"The complex isan intensive investment project in the central region, in preparationfor the Trans-Pacific Partnership Agreement (TPP). It is built toprovide material for boosting the textile and garment industry in QuangNam, Da Nang and other neighbouring coastal central provinces," Phosaid.
"The complex is expected to earn 1.7 trillion VND (81million USD) in revenue per year in the first phase of construction,contributing 35 billion VND to the provincial budget and 2,000 jobs," hesaid.
He noted that the complex was designed to produce 4,600tonnes of spindles, along with a production line of textile, knitwear,and dye manufacturing of 5,000 tonnes of products.
He added that agarment plant in the complex would produce 25 million products.Additionally, a waste water treatment plant would be built with acapacity of 5,000 cubic metres per day and night.
As scheduled,Vinatex would also begin construction of a fibre production plant inThang Binh district and a garment plant in Nui Thanh district.
Also,Vice Chairman of the provincial people's committee Dinh Van Thu said 91textile and garment companies operating in the province last yearproduced 2.9 trillion VND (138 million USD), which is 6.6 percent of theprovince's total industrial production value. The industry produced 55million metres of cloth and created jobs for 3,000 labourers.
Thualso asked for the group's help, calling for more investment andco-operation from foreign partners in supportive industries for garmentand textile industries in the province.
Further, Vinatex plans to develop a 500ha cotton farm in Dai Loc district in the coming years.
Accordingto the Vietnam Textile and Apparel Association, Vietnam has 250industrial parks nationwide, but only Nam Dinh, Hung Yen and Binh Thuanprovinces reserve areas for developing the fiber-weaving-dying industry.-VNA
DeputyGeneral Director of the group, Tran Van Pho, said on January 13 that thecomplex was part of the Memorandum of Understanding (MoU) signedbetween Vinatex and the province two years ago.
"The complex isan intensive investment project in the central region, in preparationfor the Trans-Pacific Partnership Agreement (TPP). It is built toprovide material for boosting the textile and garment industry in QuangNam, Da Nang and other neighbouring coastal central provinces," Phosaid.
"The complex is expected to earn 1.7 trillion VND (81million USD) in revenue per year in the first phase of construction,contributing 35 billion VND to the provincial budget and 2,000 jobs," hesaid.
He noted that the complex was designed to produce 4,600tonnes of spindles, along with a production line of textile, knitwear,and dye manufacturing of 5,000 tonnes of products.
He added that agarment plant in the complex would produce 25 million products.Additionally, a waste water treatment plant would be built with acapacity of 5,000 cubic metres per day and night.
As scheduled,Vinatex would also begin construction of a fibre production plant inThang Binh district and a garment plant in Nui Thanh district.
Also,Vice Chairman of the provincial people's committee Dinh Van Thu said 91textile and garment companies operating in the province last yearproduced 2.9 trillion VND (138 million USD), which is 6.6 percent of theprovince's total industrial production value. The industry produced 55million metres of cloth and created jobs for 3,000 labourers.
Thualso asked for the group's help, calling for more investment andco-operation from foreign partners in supportive industries for garmentand textile industries in the province.
Further, Vinatex plans to develop a 500ha cotton farm in Dai Loc district in the coming years.
Accordingto the Vietnam Textile and Apparel Association, Vietnam has 250industrial parks nationwide, but only Nam Dinh, Hung Yen and Binh Thuanprovinces reserve areas for developing the fiber-weaving-dying industry.-VNA
