June 14, 2019 | 09:25 (GMT+7)
Japanese-invested gypsum factory built in Ba Ria-Vung Tau
Yoshino Gypsum Vietnam Co., Ltd began construction on a 50 million USD gypsum factory in Phu My town in the southern province of Ba Ria - Vung Tau on June 13.
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At the groundbreaking ceremony |
Speaking at the groundbreaking ceremony, Vice Chairman of the provincial People’s Committee Nguyen Thanh Long expressed his belief that the factory will help improve local production technology and generate jobs for locals.
The factory will provide gypsum products that meet Japanese standards of quality for the construction material market in Vietnam, he said.
Ba Ria - Vung Tau will continue improving its business environment and facilitate the operation of businesses, he affirmed.
Sudo Eisaku, Chairman and CEO of Yoshino Gypsum Vietnam Co., Ltd, said the project is wholly-owned by Yoshino Gypsum of Japan.
It is expected to be put into operation in December 2020. Yoshino Gypsum will apply the most advanced Japanese technologies to produce gypsum products for the Vietnamese market.
Source: VNA