Construction begins on new Honda motorbike factory

Honda Vietnam Company started construction of its third factory for manufacturing motorbikes and spare parts in the northern province of Ha Nam on December 19.

The $120 million factory, covering a total area of 27 hectares, is expected to be put into operation after one year of construction, provide jobs for nearly 2,000 people, and contribute about VND400 billion to the province’s budget.

The groundbreaking ceremony was attended by Deputy Prime Minister Vu Van Ninh and the Japanese ambassador to Vietnam, Yasuaki Tanizaki.

Addressing the event, Deputy PM Ninh asked the provincial People’s Committee to create the best possible conditions for the contractor to finish the project on schedule.

Honda Vietnam will closely supervise the contractor and coordinate with local authorities to recruit and train workers now so the factory can operate immediately after it is inaugurated.

vir

>   State firms to lift budget contributions (20/12/2011)

>   Hanoi machinery expo set for March (20/12/2011)

>   Ho Tram Strip is on track to turn heads (20/12/2011)

>   Sudico silent over vocal EGM request (20/12/2011)

>   DHL Express opens new service to Vietnam (20/12/2011)

>   Posco hardens its tax stance (20/12/2011)

>   Thai investors tied up (20/12/2011)

>   Sold out  (20/12/2011)

>   Vietnam attends Cambodian trade exhibitions (17/12/2011)

>   RoK, Vietnam share economic management experience (17/12/2011)