HA NOI (VNS) – Construction of a Japanese-invested building material factory kicked off yesterday in Long Duc Industrial Zone in the southern province of Dong Nai.
The Lixil Viet Nam Global Manufacturing Ltd Company under Japan's Lixil Corporation is building the factory with a total investment of US$441 million. The factory will produce resin and aluminium products, including sashes, doors, windows and frames.
It is the Lixil Corporation's largest project in Viet Nam and Japan's biggest project in Dong Nai Province.
Kawamoto Yuichi, deputy general director of the Lixil Corporation, said Lixil aimed to expand into new business sectors in Viet Nam during the next 10 years.
Morita Nguyen, business director of the Lixil Inax Viet Nam Ltd Company, said the corporation started business operations in Viet Nam 15 years ago and now has seven building material factories nation-wide.
The factory in Dong Nai is expected to begin operations in 2013 to supply building materials for the domestic market and for export to countries such as Japan, South Korea, Taiwan, Hong Kong, Cambodia, Lao and Myanmar, said Nguyen. – VNS