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Japanese companies open plants in Binh Duong

Nov 26th at 11:21
26-11-2014 11:21:38+07:00

Japanese companies open plants in Binh Duong

Keiden Viet Nam Ltd. Company inaugurated its US$3.7-billion plant in My Phuoc 3 Industrial Park in southern Binh Duong Province last November 24.

The plant specialises in mechanical processing and tin coatings using modern technology to ensure environmental safety.

The company is expected to provide quality products for metal processing companies in domestic and international markets.

Last November 20, Tomoku Viet Nam Ltd. Company of Japan likewise opened its $47.6-million paper packaging plant at the same industrial park as that of Keiden's plant.

Spread over a 6ha area, Tomoku's plant is the first of its kind outside Japan and is designed to produce 60 million sq m of paper packaging every year. The plant will begin operations by early January 2015.

Tran Thanh Liem, vice president of the Binh Duong People's Committee, lauded Japanese investors' interest, saying the manufacturing sector fitted the province's policies to attract investors in support industries.

Binh Duong has attracted Japanese investments in 225 projects worth $4.693 billion.

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