First tenant VSIP Nghe An given land
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| Representative of TDV Vietnam Trading and Manufacturing Co. and VSIP Nghe An at the site |
TDV Vietnam Trading and Manufacturing Co., a Vietnamese bathroom equipment manufacturer, was awarded the investment certificate at VSIP Nghe An’s ground breaking ceremony on September 16, 2015 with the total investment capital of VND45 billion VND ($2.02 million).
As the first tenant to receive land at VSIP Nghe An, TDV committed to beginning construction on July 2016. The plant is expected to commence operation by February 2017. Situated on an area of 7,000 square metres, the factory is planned to reach the initial capacity of 1.5 million products per year focusing mainly on the domestic demand with future plans for export.
VSIP Nghe An is the 7th VSIP in Vietnam with the total land area of 750 hectares. The first phase of the project is now undergoing development which comprises of 198 hectares of industrial land and 81ha of commercial and residential land.
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