CTD: Coteccons begins to build Texhong Ngan Long Factory

On July 10, 2012, Coteccons and Texhong (China) officially organized a groundbreaking ceremony for the first construction phase of Texhong Ngan Long Fiber Factory in Viglacera Hai Yen Industrial Zone, Quang Ninh province, Viet Nam. This is the biggest foreign direct investment (FDI) project, with an investment of US$300 million, in this province.

The factory is located on an area of 40 hectares and includes six fiber workshops. The project is divided into three phases. The first phase 1 is estimated to be finished in February 2013, and the winning bid value is VND458.6 billion.    

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