Taiwan business granted investment certificate

July 27, 2011 | 15:25
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The Yamani Dynasty Company Limited of Taiwan ( China ) has been licenced to build a leather-based product factory in Nam Dinh province.
illustration photo

The Nam Dinh Provincial People’s Committee on July 26 hosted a ceremony to hand over an investment certificate to the company.

Accordingly, the company will invest $14 billion in a factory specialising in making leather bags, wallets and belts in the Nam Hong industrial cluster in Nam Truc district of the northern province of Nam Dinh.

Once fully completed by July, 2012, the plant will be capable of manufacturing more than 900,000 bags, wallets and belts and 50 other leather-based products per year.

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