Inauguration of Koyu Textile Vietnam Co., Ltd. with an investment capital of over 227 billion VND
(Baonghean.vn) - On the morning of August 2, at WHA Industrial Zone 1 - Nghe An, the inauguration ceremony of Koyu Textile Vietnam Co., Ltd. took place.
The Sock Factory Project in WHA Industrial Park was granted an Investment Registration Certificate by the Southeast Economic Zone Management Board on June 29, 2022, with a land area of over 2.5 hectares and a total investment of VND 227.4 billion.
This is a project specializing in the production of knitted and crocheted garments (socks, pantyhose), with a designed capacity of 22.4 million products/year, employing about 250 workers; this is a project to produce good branded products and advanced technological lines that has attracted investment from Nghe An province.
Mr. Kamada Masatsugu - General Director of Koyu Textile Vietnam Co., Ltd. said: Only 13 months after the issuance of the Investment Registration Certificate and just over 6 months since the commencement date, the project has been completed. We would like to thank the leaders of Nghe An province, the Southeast Economic Zone and the departments and branches for creating all conditions for the company to build on schedule to create the first products.
The Company commits to always comply with Vietnamese laws and provincial regulations; fully implement policies for employees and obligations to the State, ensuring the environment during production activities. At the same time, create jobs with stable income; create a positive and progressive working environment and conditions for the Company's staff and employees, contributing to creating an increasingly attractive investment environment for the province.
Speaking at the ceremony, Mr. Le Tien Tri - Head of the Management Board of the Southeast Nghe An Economic Zone said: The inauguration of this project continues to demonstrate the political determination and the highest efforts of Nghe An province in the past time, always accompanying and making efforts in attracting and supporting investment; constantly innovating and improving the investment and business environment to promote the implementation of invested projects. Thereby, striving to make Nghe An a "Convenient - Safe - Reliable" destination for many foreign investors in 2023 and the following years.
Mr. Le Tien Tri also hopes that the operation of Koyu Textile Co., Ltd. will make practical contributions to the development of sustainable industrial production, environmental protection, job creation with stable income, as well as the transfer of advanced technology and professional management methods from Japan to Vietnamese workers.
In the coming time, Nghe An province commits to continue to stand side by side with enterprises. The Management Board of Southeast Nghe An Economic Zone will continue to coordinate effectively with the People's Committee of Nghi Loc district and relevant agencies to regularly monitor and support investors to ensure the best conditions for the Project to operate in a stable, safe and effective manner; while ensuring favorable conditions for residence and work of foreign experts.
