The Pinetree Company from the Republic of Korea has pumped US$5 million into building the factory, which is scheduled to start operation in June with 2,000 employees, who are expected to be local residents. — Photo baobaclieu

HCM CITY (Biz Hub) — Construction on a Republic of Korea-invested garment factory commenced on Sunday in Chau Hung A commune in Vinh Loi District, the Mekong Delta province of Bac Lieu.

The Pinetree Company from the Republic of Korea has pumped US$5 million into building the factory, which is scheduled to start operation in June with 2,000 employees, who are expected to be local residents.

Speaking at a ground-breaking ceremony, Deputy Chairman of the provincial People's Committee Le Minh Chien said the authority continues creating all possible conditions so that the project will be deployed effectively.

He also asked the local authority and constructors to keep the construction progress on schedule and ensure its safety and quality at the same time.

Bac Lieu's economic structure has been transformed with higher proportions of industry and service sector.

Currently, industry-construction contributes 24.71 per cent to the province's total GDP, while services make up 25.59 percent and agriculture, 49.70 per cent.

The locality has been working hard to improve its investment environment to both domestic and foreign investors.— VNS