SAB Vietnam Industrial Factory, invested by SAB Vietnam Industrial Company Limited, has an area of 66,44 hectares, with a total investment capital of 1.443,220 billion VND.
On March 20, at Bim Son Industrial Park, Bim Son town, Thanh Hoa province, SAB Vietnam Industrial Company Limited under Weixing Group held the inauguration ceremony of SAB Vietnam Industrial Factory.
SAB Vietnam industrial factory starts construction from July 7. The factory has an area of 2022 hectares, with a total investment capital of about 66,44 million USD, equivalent to 62 billion VND. The factory specializes in manufacturing clothing accessories such as metal zippers, plastic zippers, nylon zippers, plastic buttons, metal buttons...
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| Delegates pressed the button to inaugurate SAB Vietnam Industrial Factory. |
Once put into operation, SAB Vietnam Industrial Factory will create jobs for more than 1.000 technically skilled workers, with an estimated goods output of about 100 million USD/year.
Speaking at the ceremony, Standing Vice Chairman of Thanh Hoa Provincial People's Committee Nguyen Van Thi emphasized that when SAB Vietnam Industrial Factory comes into operation, it will contribute hundreds of billions of VND to the state budget each year, contributing to promoting promote socio-economic development and create jobs for local workers. At the same time, the project contributes to the development of supporting industries for the garment industry, minimizing the garment industry's dependence on accessories that have long been imported from abroad.
Vice president Nguyen Van Thi affirmed that Thanh Hoa province will always accompany investors to resolve difficulties and obstacles, creating favorable conditions for the factory to operate and promote efficiency.
To ensure that the factory operates smoothly, Mr. Nguyen Van Thi requested the Management Board of Nghi Son Economic Zone and the Provincial Industrial Parks to actively coordinate with infrastructure investors in Zone A - Industrial Park. Bim Son Industry promptly resolves issues of power supply, water supply, and technical infrastructure for SAB Vietnam Industrial Factory; Support and accompany investors during the operation of the factory.
On the investor side, Mr. Cai Liyong, Chairman of the Board of Directors of SAB Vietnam Industrial Company Limited, affirmed that in the production and business process of the company and SAB Vietnam Industrial Factory, they will comply with the law. Vietnamese laws and regulations. Implement the corporate spirit of "Solidarity, effort, practicality, creativity" to produce and do business effectively, creating high quality products in Vietnam. Thereby not only contributing to the development goals of Weixing Group, but also creating motivation for the socio-economic development of Bim Son town in particular and Thanh Hoa province in general.
