test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Industry News | Time:Apr 21 2017 8:06AM
Construction of Vietnam’s largest industrial park gets underway
 
Text size
On 18 April, Vietnam National Textile and Garment Group (Vinatex) announced that it has begun construction of the first phase of a US $ 400 million clothing and textile industrial park in the province of Nam Dinh.

Located 140 kilometres from Hanoi, the Rang Dong Industrial Park is spread over an area of 2,109 hectares. It will be built in two phases, with the first phase scheduled for completion in 2018. The industrial park aims to attract investors to the garment and textile field.

Once completed, the park will have a capacity to produce two billion metres of fabric per year and employ 60,000 people. “The industrial park plays an important role in the province’s sea-based economic development strategy, contributing to transferring local economic structure,” averred Ngo Gia Tu, Vice Chairman of the Provincial People’s Committee.

It is worth noting that Nam Dinh is home to more than 480 textile businesses with over 70,000 workers. The sector’s revenue accounts for 40 per cent of the province’s total industrial production value. Ngo Gia Tu said that he is asking investors to mobilize resources to build infrastructure facilities synchronously to ensure the progress of the project.

To meet environmental regulations, a wastewater treatment station with a capacity of 110,000 cu. m. per day will also be built.

Source: APPAREL RESOURCES
Related Articles
India promises investors tax holiday
Turkish knitters urged to set up manufacturing plants in Serbia
Bangladesh garment exports to US fall
Negotiation on FTA between Pak and Turkey Free to be held in June
Pak textile ministry opposes restoration of duty on cotton import
Pak cotton cultivation witnesses 18pc rise in current sowing season
Pakistani textile sector pleads for relief
Indian exporters: Export target of $900 billion by 2020 not
India cuts textile and garment exports target to $45 billion
Maharashtra state passes State GST bill
 
Research
PTMEG: price stops falling, supply&demand pattern alters ...
Influence forecast of CPL capacity expansion in second half ...
Will Chinese domestic cotton yarn emerge with uncompetitive ...
Polyester industrial chain pattern and change
Analysis of changes on China's MEG market structure
Will Indian cotton yarn price dip?
 
 

浙公网安备 33010902000742号