Taiwanese group opens second factory in Dong Nai
Date: 12/3/2014 1:08:26 PM
Kim Bao Son Vietnam, a subsidiary of the Taiwanese group Kinh Crystal International Incorporated, broke ground for its second factory producing medical gloves in Dong Nai on December 2.
The facility, which covers 12 ha of land in Giang Dien Industrial Zone in Trang Bom district, has a total investment of 14 million USD.
Once fully operational in late 2015, it will be capable of manufacturing 7,500 tonnes of products per year for both the domestic and regional markets.
Entering the country in 2004, the Taiwanese group set up its first factory worth 12 million USD also in Dong Nai province.
So far, Taiwan is the largest foreign investor in Dong Nai with 285 projects still valid with a total registered capital of 4.8 billion USD.
(Source:Bao Dong Nai)