At the event. — Photo Business Forum
Toto Vietnam Co Ltd on Monday held a ceremony to mark the completion of its faucet factory in the northern province of Vinh Phuc.
Work on the project, located at Thang Long Vinh Phuc Industrial Park, started in January this year. It has a total investment of US$100 million.
Once operational, the factory is expected to manufacture 600,000 and assemble 1.3 million faucets, valves and accessories for toilets and kitchens a year.
Addressing the event, Asada Kyoji, CEO of Toto Vietnam, appreciated the support of the local authorities to the firm in the implementation of the project, adding that it would begin the installation of equipment as well as finish necessary procedures for the project to become operational soon.— VNS