RoK business puts new factory into production

A wholly owned company of the Republic of Korea (RoK) on Sept. 23 inaugurated a 4.5 million factory to produce uPVC windows and doors in Loi Binh Nhon industrial park, southern Long An province.

Speaking at the inaugural ceremony, General Director Tae Eon of the Cosmo Vietnam Company said that this is time for his business to run a factory to produce windows and doors of Poly Vinyl Chloride-Unplasticized (uPVC) for the Vietnamese market.

The factory will initially provide its products for luxury apartments, villas and resorts, Tae Eon said, adding that the Vietnamese building material market has a great potential because the construction sector will continue growing at 15-16 percent annually.

He said that the Vietnamese uPCV door market obtained a total turnover of 15 million USD last year, and the figure will increase. He noted that his company has a plan on long-term investment in Vietnam .

Cosmo Vietnam , an affiliate of the RoK’s GS Group, plans to produce aluminum doors and other building materials in the future.

VNA

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