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
EU's apparel imports down two percent in first four months of 2017
Ethiopia target to generate USD 30 bn from textile sector by 2030
Textile Corporation to make biggest investment ever in Bledsoe
410kt of reserved Xinjiang cotton to be inpsected soon
Bangladesh's garment exports to India fall four percent
India sets up technology center in Vietnam
Next GST Council meet may review rates on textiles, hybrid cars:
Sri Lankan investors eyeing Bangladesh market
VN, India seek closer textile industry ties
West African cotton output likely to rise by 6.8% in 2017/18
 
Research
Sales&production of Indian, Pakistani and Vietnamese cotton ...
Cotton production and consumption structure analysis in ...
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
 
 

浙公网安备 33010902000742号