Bosch Group builds push-belt factory in Dong Nai

Germany’s Robert Bosch SEA Pte Ltd on Sept. 5 broke ground for a factory producing push-belts for automobiles in southern Dong Nai province.

The 55-million Euro plant is the first project invested by the Bosch Group in Vietnam.

Robert Bosch SEA President and CEO Cem Pakesaglam said the project will make push-belts used in Continuously Variable Transmission (CVT) for various automobiles ranging from subcompacts to sports utility vehicles.

Scheduled for operation in October 2009, the factory will be capable of producing 380,000 sets of push-belts per annum. Its annual output will be raised to 2.3 million sets in 2015.

Director of the factory Reinhard Kink said the plant will employ around 800 workers in the first phase. Skilled workers will be recruited and then sent to Tilburg , the Netherlands , where the Bosch Group is operating a similar plant for further training.

VNA

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