PM attends inaugural ceremony of Thaco Mazda plant

Mar 26th at 10:10
26-03-2018 10:10:35+07:00

PM attends inaugural ceremony of Thaco Mazda plant

Truong Hai Auto JSC (Thaco) inaugurated the Thaco Mazda automobile manufacturing plant, the biggest and most modern Mazda factory in Southeast Asia, in the central province of Quang Nam on March 25 in the presence of Prime Minister Nguyen Xuan Phuc.

 

National Assembly Vice Chairman Uong Chu Luu, Special Adviser to the Japanese Cabinet Isao Iijima, and leaders of a number of ministries, agencies and localities also attended the event.

PM Phuc okayed the construction of the VND12 trillion (US$528 million) plant at an investment promotion conference in Quang Nam Province in 2017.

After a year, the first phase of the project has been completed with half of the designed capacity of 100,000 units per year.

Covering 30.3ha in Chu Lai Open Economic Zone, the plant is equipped with cutting-edge technology, meeting the global standards of Japan’s Mazda Group.

Also on March 25, Thaco inaugurated an international shipping route linking Chu Lai and Japan, and welcomed the first vessel transporting automobile spare parts and equipment from Japan’s Hiroshima prefecture to Chu Lai Port to serve the new factory.

Tran Ba Duong, Thaco chairman, said the group plans to build another wharf and has invested VND600 billion in expanding the arterial road from the Chu Lai Port to Da Nang-Quang Ngai Expressway, and building a double-decker roundabout interchange between National Highway 1A, the North-South railway and the arterial road.

PM Phuc lauded cooperation between Mazda and Thaco over the years, saying the collaboration has contributed to the Viet Nam-Japan relationship.

Viet Nam encourages the development of the auto industry, he said, adding that the Government will devise policies to ensure equality between locally-made automobiles and imported ones.

The leader asked Thaco to operate the plant effectively and safely, meeting demands of both domestic and foreign markets.

He also called on Japan’s Mazda Group to continue transfer technologies to Thaco, especially the production of components, and support the company in completing the second phase of the project.

bizhub



NEWS SAME CATEGORY

Doosan Heavy to develop offshore wind farm in Vietnam

South Korea’s Doosan Heavy Industries and Construction Co. will shake hands with Electricity of Vietnam (EVN) to develop an offshore wind farm project as the South...

VN firms push food safety

More and more livestock farming companies are adopting VietGap and Global Gap standards to improve their efficiency as well as ensure food safety, according to...

Hyundai Motors to open VN plant

Automaker Hyundai Motor, Thanh Cong Group and the People’s Committee of Ninh Binh signed a memorandum of understanding (MoU) to construct the second automobile...

PV Power replaces PetroVietnam as power plants investor

The Vietnam National Oil and Gas Group, known as PetroVietnam, has proposed transfering two gas-fuelled power plants – Nhon Trach 3 and 4 – to PetroVietnam Power...

Exports hit $200 billion last year: Report

A report on last year’s imports and exports was released on Thursday by the Ministry of Industry and Trade to provide accurate information on the country’s trade to...

Vietnam to see 10-15% job cuts in leather, shoe industries due to automation: Experts

Vietnam’s long-term growth as a leading shoe exporter is forecast to come at the expense of job losses for up to 15 percent of the industry’s laborers because of...

Supermarkets to buy oversupply of farm produce

Supermarkets in HCM City plan to buy white radish from farmers in Hà Nội who are struggling to find outlets for their produce.

VN footwear boasts strong development prospects

Viet Nam’s leather and footwear industry will continue to develop in the coming years, according to the Viet Nam Leather, Footwear and Handbag Association (Lefaso).

Mechanical engineering sector to lift exports by 2020

Viet Nam’s mechanical engineering industry is striving to apply advanced technology, produce high-quality products meeting international standards and join the...

Firm keen on juice factory in Hau Giang

Phuc Xuyen Co Ltd has sought an opportunity to build a canned juice processing factory in the southern province of Hau Giang.


MOST READ


Back To Top