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Approving the investment policy of the plastic rattan furniture factory in Long My Industrial Park

 

29/07/2021

 

On July 27, 2021, the Provincial Economic Zone Administration approved the investment policy for Khanh Hung General Production and Trading Co., Ltd. to invest in the plastic rattan furniture factory in the Industrial Park. Long My, Quy Nhon city, Binh Dinh province.

 

A new set of plastic rattan furniture


Accordingly, the total capital for the project is VND 39,685 billion, built on a land area of 27,620.7m2, with a capacity of 4,000 sets of products/year. The factory is expected to start construction in September 2021 and will be completed and put into operation in December 2021.


It is required that the investor is responsible for implementing the project in accordance with the committed objectives, scale and schedule, complying with the legal provisions on construction, land use, environment, fire prevention and fighting, labor, business registration, investment registration and relevant laws during the implementation process.


Previously, the Provincial Economic Zone Administration approved the investment policy for two plastic rattan furniture and mechanical processing projects in Long My Industrial Park, Quy Nhon city. One of the projects is the plastic rattan furniture, mechanical processing and tempered glass manufacturing of Phu Linh Trading and Production Limited Company with capital of VND 8 billion; the other is the expansion project of plastic rattan furniture and mechanical processing factory to serve the rattan weaving industry of Viet My Binh Dinh Production and Trading Co., Ltd with capital of VND 28 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: 181-183 Le Hong Phong Street, Quy Nhon City, Binh Dinh Province, Vietnam
Tel: +84.256 3818 888
Email: ipcbinhdinh@gmail.com