Inauguration of $300 million wood factory in Nghe An

(Baonghean.vn)- Nghe An Wood Processing Factory Project is built within the framework of the project "wood processing factory and sustainable forest development in Nghe An" with a total investment of 300 million USD.

Attending the ceremony were comrades: Vuong Dinh Hue, Politburo member, Deputy Prime Minister; Phan Dinh Trac, Party Central Committee member, Head of the Party Central Committee's Internal Affairs Commission; Le Thi Thuy, Party Central Committee member, Deputy Head of the Central Inspection Commission; representatives of leaders of central ministries and branches; Ms. Thai Huong, Chairwoman of TH Group, General Director of Bac A Commercial Joint Stock Bank, the financial consultant for the project.

Coming to Nghe An province were comrade Nguyen Dac Vinh, member of the Party Central Committee, Secretary of the Provincial Party Committee; comrades Nguyen Xuan Son, Standing Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council; Nguyen Xuan Duong, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; comrade Le Quang Huy, Deputy Secretary of the Provincial Party Committee; comrades in the Provincial Party Committee Standing Committee, leaders of provincial departments and branches; leaders of districts, cities and towns; leaders of Nghia Dan district and companies, partners of investors, and raw material areas in the area.

Delegates attending the ceremony

The project of the MDF wood and fiberboard processing factory of May Forestry Joint Stock Company started construction in February 2013 on an area of ​​40 hectares in Nghia Dan Industrial Park. With the investment consultancy of Bac A Commercial Joint Stock Bank, the Nghe An Wood Processing Factory project was built within the framework of the project "wood processing factory and sustainable forest development in Nghe An" with a total investment of 300 million USD divided into two phases with a total capacity of 40,000 m3/year for the wood panel line and 400,000 m3/year for the MDF fiberboard line. After more than 3 years of urgent construction, the Nghe An Wood Processing Factory has inaugurated the first phase of the project.

Mr. Christoph Ludaescher - Director of Nghe An Wood Processing Factory reports on the project

Reporting on the construction process of the Factory, Mr. Christoph Ludaescher - Director of Nghe An Wood Processing Factory, emphasized: Thanks to the investor's selection of the best technology and equipment suppliers in the world, the factory's products meet international quality standards and are competitive in demanding markets such as the US, Japan, and the EU. Regarding the environment, this is an environmentally friendly factory, strictly complying with European environmental standards. Therefore, it can be affirmed that our factory is a green and environmentally friendly factory.

Deputy Prime Minister Vuong Dinh Hue requested Nghe An province to coordinate with investors to build a sustainable raw material area for the factory and improve the efficiency of the forest area in the West.

To ensure the source of raw materials for the factory, the investor is closely coordinating with localities, building a sustainable raw material area with enough raw materials for the factory in phase 1 and preparing a raw material solution for the project investment in phase 2. On the side of May Forestry Joint Stock Company, it has also completed working with localities and partners in the planned raw material area to carry out the work of connecting to plan afforestation and sign contracts to purchase raw materials.

Nghe An Provincial Party Secretary Nguyen Dac Vinh hopes that investors will continue to invest in the seedling sector to actively contribute to increasing productivity and quality of raw material areas, and improving the economic efficiency of forest planting.

Currently, in addition to the Company's raw material area approved by the People's Committee of Nghe An province, May Forestry Joint Stock Company is continuing to work with districts outside the planning area such as Tuong Duong, Con Cuong, Que Phong... to survey the actual area of ​​existing forest land to propose to the Provincial People's Committee to expand the planning area and implement investment support policies for people to plant forests according to "Policy on purchasing raw wood materials and organizing forest planting on planned land to serve raw materials for Nghe An Wood Processing Factory" (No. 90/CV/2016/MF JSC dated April 1, 2016).

Ms. Thai Huong, Chairwoman of TH Group, committed that the operation of Nghe An Wood Factory will bring long-term and sustainable benefits to the people in the project area.

Speaking at the ceremony, Comrade Vuong Dinh Hue, Politburo member, Deputy Prime Minister acknowledged the efforts of Nghe An province and the investor to ensure the completion of the factory on schedule. He congratulated Nghe An province and the investor on having a modern technology factory that will actively contribute to promoting the economic development of Western Nghe An. The Deputy Prime Minister also hoped that Nghe An province and the investor would closely coordinate to create a sustainable, productive, and economically efficient raw material area for the factory, contributing positively to the transformation of the province's agricultural economic structure.

Ribbon cutting ceremony of the factory.

On behalf of the leaders of Nghe An province, speaking at the ceremony, comrade Nguyen Dac Vinh, member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the National Assembly Delegation of Nghe An province emphasized: the operation of Nghe An wood factory will actively contribute to creating jobs, creating livelihoods and developing the forest planting profession in the West. The Provincial Party Secretary also assigned the departments, branches and localities to closely coordinate with investors to well implement the raw material area and hoped that investors would continue to invest in the field of seedlings to actively contribute to increasing the productivity and quality of the raw material area, improving the economic efficiency of forest planting.

Deputy Prime Minister Vuong Dinh Hue and delegates visited the Factory

Deputy Prime Minister Vuong Dinh Hue and delegates pressed the button to start the MDF production line.

Delegates view the factory's products

Also at the inauguration ceremony, Ms. Thai Huong, Chairwoman of TH Group, pledged that the operation of Nghe An Wood Factory will bring long-term and sustainable benefits to the people in the project area. The investor will accompany the people in implementing financial support policies, providing qualified seed sources, supporting planting technology, and techniques for taking care of raw material areas to achieve high economic efficiency. At the same time, she hopes that Nghe An province and the localities in the raw material areas will commit to implementing the planning and building of raw material areas for the Factory.

Deputy Prime Minister Vuong Dinh Hue and provincial leaders planted souvenir trees at the Factory campus.

Immediately after the inauguration ceremony, the Central and provincial delegates and investors pressed the button to operate the MDF fiberboard processing line, visited the MDF fiberboard and panel processing lines and planted souvenir trees in the factory grounds./.

Huu Nghia