At the ground-breaking ceremony, Deputy Prime Minister Nguyen Xuan Phuc asked Vinatex to coordinate with the locality to tackle compensation and site clearance and ensure environmental hygiene.
The 10-hectare complex will cost over 1.2 trillion VND (55.8 million USD) and consist of a fiber plant with an annual capacity of 6,500 tonnes, a 6,000-tonne dyeing plant, a garment plant and waste water treatment facilities with a designed capacity of 5,000 cubic metres per day.
The complex is an intensive investment project in the central region in preparation for the Trans-Pacific Partnership Agreement (TPP). It will provide material for boosting the textile and garment industry in Quang Nam , Da Nang and other neighboring coastal central provinces .
Once operations commence in the third quarter of 2017, the complex will create jobs for 2,000 local laborers.
According to the Vietnam Textile and Apparel Association, Vietnam has 250 industrial parks nationwide, but only Nam Dinh, Hung Yen and Binh Thuan province have areas reserves for developing the fiber-weaving-dying industry.