Deputy PM Vuong Dinh Hue at the groundbreaking ceremony (Source: VCP)Ha Tinh (VNA) – Construction on a1.44 trillion VND (63.4 million USD) wood processing factory commenced in thecentral province of Ha Tinh on December 3.
Invested by the Thanh Thanh Dat Joint StockCompany, the facility will be built on an area of 18 hectares in the Vu Quangindustrial cluster in Vu Quang district.
Designed to have the annual capacity of 120,000cubic metres of medium-density fibreboard (MDF) and 2,400 cubic metres of woodslats, the factory is expected to start operation in the fourth quarter of2019.
The project aims to fully tap the local forestpotential in line with the province’s planning for forest development for woodprocessing from 2013 to 2020, and a vision through 2030.
Addressing the groundbreaking ceremony, Chairmanof the provincial People’s Committee Dang Quoc Khanh urged sectors and thedistrict People’s Committee to work closely with the investor to accelerateland clearance for the project.
The investor was asked to ensure the progress ofthe project and prioritise recruiting local labourers once it becomesoperational.
Set up 14 years ago, Thanh Thanh Dat Company now has25 factories across the nation, with 2,500 employees. Its revenues reached 2.16trillion VND (95.04 million USD) in 2015.-VNA
VNA
