MEIWA company licenced to invest in Binh Duong

July 12, 2012 | 14:29
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MEIWA Vietnam limited company has been licenced to invest fully in building a factory in Ben Cat’s industrial zone of southern Binh Duong province.

The factory is scheduled for completion in March 2013 with a total capitalization in the initial stage estimated at VND125 billion ($6 million).

Tran Van Lieu, head of Binh Duong Provincial Industrial Zones Management Authority said the factory will produce different industrial products.

Since early this year, Binh Duong has attracted more than $2 billion in foreign direct investment (FDI), doubling its yearly target and accounting for more than 30 per cent of Vietnam’s total FDI attractions.

They are 2,000 projects operating in Binh Duong with a total capitalisation of $17 billion.

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