Construction of a garment factory worth VND153 billion (US$6.8 million) commenced late last week in the southernmost province of Ca Mau. — Photo baodautu.vn
Construction of a garment factory worth VND153 billion (US$6.8 million) commenced late last week in the southernmost province of Ca Mau.
Covering more than 16,000sq.m in Ly Van Lam Commune, the factory will be the first to produce garment products for export in the province.
The project will be divided into two phases, the first slated to be completed in the first quarter of 2018, providing 2,000 local jobs.
Addressing at the factory’s ground-breaking ceremony, the provincial People’s Committee Vice Chairman Le Van Su spoke highly of the factory’s development, saying it will help increase the province’s export turnover.
In the first quarter of this year, the province’s export value experienced a year-on-year drop of 7.2 per cent to $172.3 million, according to the province’s Department of Industry and Trade. — VNS