Delegates break the ground of a metal container production plant on April 24 in the Dinh Vu Industrial Zone in the northern Hai Phong Port City. — Photo dddn.com.vn

HAI PHONG (Biz Hub) – The TAMADA Viet Nam Company Ltd. officially inaugurated a metal container production plant on April 24 in the Dinh Vu Industrial Zone in the northern Hai Phong Port City.

Covering an area of 23,226sq.m, the newly built plant would adopt the production of tanks and accessories, which the company had produced in Japan.

In addition, the company is considering new metal tank production projects with KAWATEX, a long-term partner of the company. The project for tank production mainly involves the manufacturing of machinery products and pressure producing equipment.

It is targeting an annual production capacity of 2,800 tonnes, which would grow to 5,800 tonnes per year after three years of operations.

The company is committed to contributing to the development of Viet Nam and Japan, and to the long-lasting development of the project.

The company, which was established in 2013, with a total investment of US$13 million contributed by two investors, includes TAMADA Industries Inc., Japan that accounts for 70 per cent of the total capital and KAWATEX Co. Ltd.

TAMADA Industries Inc. has a history of 65 years of manufacturing different types of underground tanks. Currently, the company has the largest market share in the field of petrol and oil tanks manufacturing in Japan. It currently has three plants in Japan specialising in the manufacturing and production of tanks for petrol, oil, and water. The main materials used for production are steel and synthetic plastic FRP.

The Dinh Vu Industrial Zone, located within the Dinh Vu–Cat Hai Economic Zone, has received strong support from the Government and the city, with regards to the standardised development of transportation infrastructure, power supply, water supply, water drainage, and for providing excellent advantages to enterprises for their production and trade activities.

A number of large projects have been invested in, built, and nearly finished, or are getting ready to be utilised, which would provide convenient conditions for travelling and transportation of commodities.

Some of these projects are part of the Ha Noi–Hai Phong Highway project, the development and upgradation of the Cat Bi airport to an international airport, which is expected to be completed in 2015 and the international gateway port project, which is expected to be completed in 2016.

Once these important projects are finished, the import, export of goods and distribution of products of enterprises in the Industrial Zone will become more convenient.

So far, DVIZ has attracted over 55 investors from various countries and industries, with a total investment capital of nearly $3 billion. Among these are 13 Japanese investors. – VNS