Taiwanese group builds hi-tech plant in southern province

The TECO group of Taiwan began building a US$50-million hi-tech plant in My Phuoc 3 industrial park in the southern province of Binh Duong on July 19.

The 50-ha plant, TECO Vietnam Technology Co. Ltd, will produce electrical and electronic products for exports.

TECO President Huang Mao Xiong said the group is committed to a long-term business in Vietnam.

Established in 1956, TECO involves industrial and household electricity, electronics, information data, construction and financial investment. It has partners in the US, Japan, Sweden, and Germany.

VOV

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