The plant in the Xuan To Industrial Park in Tinh Bien District will be built in two phases. In the first phase, United Textile will build eight factories (workshops), eight warehouses and other facilities on 54.7ha and employ some 12,000 workers out of the 29,000 it is eventually expected to hire.

A factory that will employ 3,500-5,000 seamsters will begin operation next September.

Construction of the first phase is scheduled to be completed by the end of 2016.

Work on the second stage, with facilities to be built on 93.6ha, will last from 2017 to 2019 when another 10,000-12,000 workers will be hired.

The company said the total investment in the project would go up to $500 million if things go smoothly.