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Approving the investment policy of a factory producing woven polyrattan products, processing mechanical products and sewing mattresses

 

14/04/2021

 

On April 13, 2021, the Provincial People's Committee issued an approval for Minh Anh Manufacturing - Trading - General Co., Ltd. to invest in the project of a factory producing woven polyrattan products, processing mechanical products and sewing mattresses.

 

 Nhon Hoa Industrial Park

The factory construction site is on Lot E12, Nhon Hoa Industrial Park, Nhon Tho commune, An Nhon township with an area of 20,000 m2. Total investment capital of the project is VND 28 billion. The implementation duration is from February 2021 to April 2022 when the factory will officially go into operation.

The project's objectives are to produce and trade beds, wardrobes, tables and chairs from poly rattan; processing and shaping products for rattan weaving and sewing mattress. The project has capacity of 450 tons of products/year of mechanical processing (with spraying and coating), 33,000 sets of poly rattan products/year and 10,000 sets/year of sewn mattresses.

Until March 2021, in Nhon Hoa Industrial Park, the Economic Zone Authority has granted investment registration certificates for 46 projects (including infrastructure building projects) with a total registered capital of VND 5,711 billion and VND 3,749 billion has been disbursed. Among those projects, 15 projects are under construction and partially operating with the total registered capital of VND 2,260 billion VND and the implemented capital of VND 819 billion. 

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Website for Cooperation and Investment Promotion
The Permit No.02/GPTTDT-STTTT dated 31/8/2017 of Department of Information and Communication
Established by the Investment Promotion Center of Binh Dinh Province(IPC Binh Dinh)
Person in charge: Mr Nguyen Bay, Director, Investment Promotion Center of Binh Dinh Province
Address: 35 Le Loi Street, Quy Nhon City, Binh Dinh Province, Vietnam
Tel: +84.256 2200 100, +84.256 2200 301
Email: ipcbinhdinh@gmail.com