Quang Ninh, China’s Texhong strike cooperation deal

August 29, 2013 | 09:50
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The northern province of Quang Ninh and China’s Texhong Textile Group signed an investment cooperation deal in the city on August 28.

Addressing the signing ceremony, Chairman of the provincial People’s Committee Nguyen Van Doc pledged the provision of all possible support for the group to kick-start projects in the locality.

He said Quang Ninh considers Texhong Textile Group as its strategic investor. 

Chairman of Texhong Textile Group Hong Tianzhu, on his part, noted that the province’s support has made foreign investors, especially Texhong, more confident in doing business in the locality. 

Last year, Texhong started construction on a 300 million USD fiber plant in Hai Yen industrial zone, Mong Cai city. Once completed by 2017, it is expected to generate jobs for 4,500 local people.


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