Investing in a coconut fiber manufacturing factory in Hoai Nhon district
- Investment promotion
Dai Loc Coconut Limited Company has been approved by the Provincial People's Committee to invest in Dai Loc coconut fiber manufacturing factory in the land lot A3 A3N of Hoai Hao Industrial cluster, Hoai Hao commune, Hoai Nhon district.
According to the project documents, the workshop is built on an area of 12,705 m2, with total capital of more than VND 6.9 billion. The objective of the project is to produce coconut fiber, bio-organic fertilizer and coconut bran with an expected design capacity of 1,000 tons of coconut fiber/year; 735 tons of bio-organic fertilizer/ year (from coconut fiber bran by-products) and 2,500 tons of coconut fiber bran. The project will meet the demand for coconut fiber only for the industry of making car seat cushions, organic fertilizer for clean, safe agriculture, which will contribute to soil improvement.
The project construction will be completed by the end of the year 2020. When going into operation, the project is expected to create jobs for about 35 local workers.
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