Tan Phuoc Limited Company invests in expanding the wood processing factory
27/01/2021
27/01/2021
On January 25, 2021, Tan Phuoc Limited Company was approved by the Provincial Economic Zone Authority to invest in the expansion of a wood processing factory project at Lot B48, Phu Tai Industrial Park, Tran Quang Dieu ward, Quy Nhon city.
A wood processing enterprise in Quy Nhon city
The goal of the project is to produce interior and exterior wooden furniture with capacity of 2,000 m3 of products per year. The factory expansion area covers 13,792 m2 with total capital of 20,925 billion VND. The project construction will be implemented from January 2021 to September 2021 and it will go into operation by the end of 2021
Over the past years, wood processing industry in Binh Dinh province has developed rapidly in both quantity and quality and the industry is becoming a key industry, playing an important role in the structure of industries, contributing to socio-economic development in the province. Currently, the province has over 200 enterprises operating in wood processing with total capacity of about 345,000 m3 of refined wood furniture/year, creating jobs for about 25,000 workers.