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.