Viet Nam News
QUẢNG NAM – The first phase of a VNĐ500 billion (US$22 million) timber processing factory opened in the central Quảng Nam Province’s Hiệp Đức District on Saturday.
Financed by Quảng Nam Industry Wood Joint Stock Co, the 18ha-factory will provide 75,000 cubic metres of products annually in its first phase.
In the second phase, the plant is expected to produce 200,000 cubic metres of products, making it the largest in the central and central highland regions.
In his speech at the plant’s opening ceremony, Quảng Nam People’s Committee vice chairman Lê Trí Thanh spoke highly of the province’s untapped potential for the development of the wood processing industry.
The operation of the plant would help ensure stable output for the province’s large timber growing areas, he said. -VNS