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Lao Cai timber plant opens

Update: March, 06/2012 - 10:03

LAO CAI — The Lao Cai Forest Industry Development Joint Stock Co late last week inaugurated a timber processing factory with a capacity of 12,000 cubic metres per year .

It is the largest capacity factory in the mountainous province, based in Bao Thang District's Xuan Giao Commune and covering an area of 3.3ha.

Once fully operational, the factory is expected to generate 450 jobs and supply products not only for the domestic market but also for export to Europe, Japan and the US with estimated export turnover of US$10 to 12 million each year.-VNS

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