Work on 15-million-USD textile factory underway in Tay Ninh

The Happytex Joint Stock Company began construction on March 4 of a 15-million-USD textile factory at the Trang Bang Industrial Park in the southern province of Tay Ninh.
Tay Ninh (VNA) - The Happytex Joint StockCompany began construction on March 4 of a 15-million-USD textile factory atthe Trang Bang Industrial Park in the southern province of Tay Ninh.

Covering an area of 25,000 sq m, the factory isdesigned to produce 20 million sq m of woven fabric, or 2,000 tonnes, each yearfor export. Construction is scheduled for completion in six months.

Ha Van Cung, head of the Management Board of EconomicZones of Tay Ninh, said that since the beginning of this year local industrialparks and economic zones have attracted four projects, including threeforeign-invested projects worth 373.12 million USD.

As of February, the province had attracted 364 investmentprojects, including 265 FDI and 99 domestically-invested projects with combinedcapital of over 8.3 billion USD, creating jobs for nearly 34,000 workers,according to Cung./.
VNA

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