Work begins on $39m gearbox parts plant
BEN TRE (VNS)— Construction of a US$39.6 million plant producing components for auto gearboxes began in southern Ben Tre Province's Giao Long Industrial Zone on Tuesday.
Financed by the Japan-based Nidec Corporation, the 4ha plant is scheduled to begin operation next September. All products will be exported.
This is the first investment Nidec has made outside HCM City.-VNS