|Lixil Global Manufacturing Vietnam inaugurated its factory in the southern province of Dong Nai on January 8. Photo baodongnai
DONG NAI (VNS)— Lixil Global Manufacturing Vietnam, a company under Japan's Lixil group, inaugurated its factory in the Long Duc industrial zone in the southern province of Dong Nai on Wednesday.
The factory, constructed on an area of 55ha at a total investment of US$440 million, will produce aluminium and PVC windows and doors for houses, offices, as well as civil and industrial projects.
It is the biggest investment project of the Lixil Group in Viet Nam, as well as by Japan in Dong Nai Province. The inauguration marks the end of 20 months of construction. Going forward, the factory will provide jobs for about 2,000 local workers.
Dinh Quoc Thai, chairman of the provincial People's Committee, told Vietnamplus newspaper that the number of Japanese investors seeking official approval to conduct business in Dong Nai had been increasing in recent years.
In 2013 alone, he revealed, Japanese investors accounted for 30 per cent of the $1.6 billion in foreign direct investment in the province.
Thai pointed out that the committee is always willing to support companies and create the best operating conditions for companies to carry out their production and other business activities effectively.
The Lixil group of Japan specialises in manufacturing products for the construction industry. Currently, it offers kitchen and bathroom fixtures, such as toilets and bathtubs, under the brand ‘INAX' in Viet Nam. — VNS