20 million USD project gets investment licence in Hai Phong

20 million USD project gets investment licence in Hai Phong

12/01/2008 -- 7:31 PM

Hai Phong (VNA) – Sin Chi Viet Nam Co., Ltd on January 11 received an investment certificate for its 20 million USD project to produce kitchen utensils, automobile and electronic components from aluminum alloy in the northern city of Hai Phong .

Work on the construction of the 13,000sq. m plant is scheduled to be start in February 2008 and when operational next year, the plant is expected to generate jobs for about 300 workers.

Sin Chi Viet Nam Co., Ltd was established by China ’s Sin Chi International Limited with a chartered capital of 72 billion VND (4.5 million USD)-Enditem

(VN Agency)