Construction begins on Danish-funded garment factory in An Giang Province
Denmark's Specter Real Estate A/S has begun construction of a garment factory in Mekong Delta province of An Giang’s Chau Thanh district with a total investment of VND253 billion (about US$11 million).
The groundbreaking ceremony for the construction of Specter An Giang Garment Technology Co.Ltd . — VNA/VNS Photo
Denmark's Specter Real Estate A/S has begun construction of a garment factory in the Mekong Delta province of An Giang’s Chau Thanh District with a total investment of VND253 billion (about US$11 million).
The plant, built on an area of over 38,000sq.m at the Binh Hoa Industrial Park, will produce two million products a year. It is expected to be put into operation in January 2024 and create jobs for more than 1,200 local workers.
Nguyen Thanh Cuong, head of An Giang province’s Economic Zone Authority, said the implementation of the Specter An Giang Garment Technology project was hoped to not only bring about huge benefits to the investor but also positively improve An Giang's industrial production and export value as well as boost local socio-economic development.
Specter Real Estate A/S specialises in manufacturing outdoor sports apparel for export to Europe, North America, and Japan.
The new factory in An Giang is its third project in Viet Nam, following those in the northern provinces of Thai Binh and Nam Dinh. — VNS
The project, initiated in 2021, has a capacity of 1.2 million egg-laying chickens and 400,000 replacement pullets, producing over 375 million eggs annually.
The facility represents a US$20 million investment and spans 13,650 square metres. The project received its investment certificate in July 2023 and was completed within 18 months, including construction, installation, and operational safety preparations.
Speaking at the opening, Stefano Pontecorvo, president of Leonardo, highlighted Việt Nam''s pivotal role in the region''s technological transformation, expressing his hope for a long-term and fruitful partnership.
The Southern Coastal Economic Zone of Hải Phòng has officially come into being, expected to broaden the development space and growth momentum for the northern port city.