$98.7m MDF plant comes into operation
$98.7m MDF plant comes into operation
FSC Viet Nam JSC of Kim Tin Group on Thursday began operations at the VND2.3 trillion (US$98.7 million) medium-density fibreboard (MDF) plant in the Nam Dong Phu Industrial Zone in the southern province of Binh Phuoc’s Dong Phu District.
The facility covers an area of 25ha and has an annual capacity to produce 400,000cu.m of MDF, meeting 20 per cent of Viet Nam’s market demand.
The plant will create jobs for 200 high-skilled people and 3,000 labourers working on positions from forest plantation and exploitation to the processing chain.
The construction of the second facility was started in August 18th, 2016. The factory has been in the top 10 MDF plants with the most modern technology and equipment in the world. The production line was totally imported from Europe. The plant meets the strictest standards in terms of quality and environment in both local and foreign markets such as the US, Japan and European countries.
Vice chairman of the provincial People’s Committee Nguyen Tien Dung said the province has advantages and potential for developing MDF plants. The operation of the plant will contribute to modernisation in the province. Especially, the locality has preferential policies for investors in the sector.
Dung committed to facilitate businesses in general and FSC Viet Nam JSC in particular in the upcoming time.
