Investment in a mechanical factory manufacturing industrial and farm machinery
04/04/2014

 

On 03/4/2014, aninvestment licence was issued for Hoang Phien Private Enterprise investing in amechanical factory manufacturingindustrial and farm machinery in Dai Thanh Industrial Cluster, My Hiep commune,Phu My district on an area of 16,687.5m2. 

 

The factory is expected to have capacity of 5,000 products/year,investment capital of VND 42 billion. The project’s objective is to producebolts, screws, knives and other machineries used for forestry production; actuators,lifting machines for granite manufacture; grinding, mixing, drying, meteringmachines for feed production; machinery for mineral exploitation; steel frames,steel girders, hydraulic pipes… in industrial installation, irrigation andtransportation; farm tools and machinery.

Thefactory plans to go into operation in the fourth quarter 2014.