Sanitary ware factory commences operation in Hung Yen
A 25.7 million USD sanitary ware factory, with a capacity of 500 tonnes of products per month has officially commenced production in Pho Noi A Industrial Zone in northern Hung Yen province on September 23.
It is the fourth factory of the INAX Vietnam Sanitary Ware Company Ltd. which has raised the company’s total capacity of sanitary ware products to 2,300 tonnes per month after a ten-year investment period in Vietnam .
Addressing the opening ceremony, Vice chairman of the provincial People’s Committee, Nguyen Thanh Quan, said that INAX’s trademark and prestige have been recognised and its products have accrued the largest market share in Vietnam.
He expressed his hope that the new factory will be successful and continue to expand its operation in the locality to contribute to provincial socio-economic development.
An INAX representative added that the company believes in the development of Vietnam in the future and that plans are in the pipeline for a fifth factory.
The company’s registered capital in Vietnam is now 60 million USD, a 3.5 fold increase since 1998.
VNA
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