4/25/2009 11:40:00 AM

Mitsubishi Heavy Industries will launch an aircraft component assembly factory in Viet Nam in June, the factory would produce wing flaps for Boeing 737 aircraft.

The announcement was made by Stanley A. Deal, Pacific-Asian Sale Executive Vice Chairman of Boeing Company at a working visit to Viet Nam.

Stanley A. Deal highlighted Viet Nam for its civil aviation safety, flight security and the opportunities and potential for Vietnamese civil aviation sector development, even in the context of the ongoing global economic downturn.

Therefore, the Boeing will cooperate closely with the national flag carrier Vietnam Airlines in the process of development, said Stanley.

Initially, the assembly for winglets of the aircraft will be kicked off at Hanoi-based Thang Long industrial zone in June. The Mitsubishi Heavy Industries Ltd (MHI), one of the big players in Japan’s heavy industry sector, will partially involve in the manufacture.

It will initially produce flaps for two to eight aircraft per month, ramping up to 10 per month in 2011, and will employ 200 workers when it reaches full capacity. The factory is the first aircraft-related production facility in Viet Nam.

Vietnam’s industrial export economy has lost tens of thousands of jobs since last autumn in the global economic slowdown, but industrial production was still up a modest 2.5% in January and February over the same period last year.

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