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Taiwan firm foots bill for Dong Thap shoe factory

Update: January, 06/2014 - 08:12
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DONG THAP (VNS)— Taiwan's An Shen Co will build a US$40 million leather shoe factory in Dong Thap Province's Tran Quoc Toan Industrial Zone.

This announcement was made following a memorandum of understanding (MoU) being signed between the company and local authorities late last week.

Following the MoU, the Taiwanese firm will join with HCM City-located Tien Hung Co to build the factory on 7ha.

The first phase, estimated to cost $10 million, will see workshops built and create 3,000 local jobs by the end of 2014. — VNS


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