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.