Economy
Contracts worth $286.3 million inked at Việt Nam Int’l Defence Expo 2024
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| The ground-breaking ceremony of the Tân Á Hà Nam factory in Hà Nam Province. — VNA/VNS Lưu Thanh Tuấn |
Viet Nam News
HÀ NỘI — Tân Á Đại Thành Group this morning began construction of a factory producing water heaters and filters in the Kiện Khê 1 Industrial Complex in Hà Nam Province’s Thanh Liêm District.
Covering an area of 137,000sq.m., the Tân Á Hà Nam factory is the group’s 12th factory being built at the cost of VNĐ500 billion (US$22 million).
Using European standard technology, it is expected to produce 1.5 million water heaters, 300,000 solar water heaters and 800,000 R.O water filters per year when it begins operation in the fourth quarter of 2017.
Speaking at the ground-breaking ceremony, the provincial People’s Committee Chairman Nguyễn Xuân Đông said the factory’s construction would not only meet market demand, but also contribute to shifting the province’s economic structure, increasing budget collection and creating job for locals.
He asked the group to ensure the project’s quality, progress and compliance with current State regulations of working safety and environment.
Related authorities were required to co-operate with the group to address obstacles arising during the construction process and factory operation, Đông said. — VNS
