Taiwan to construct bicycle factory in Binh Duong
(VOV) - On October 23, DDK Group based out of Taiwan signed a business deal with Becamex IDC Corp to fund the construction of manufacturing facilities to produce bicycle saddles, grips and bags in the southern province of Binh Duong.
Pursuant to the agreement, DDK through its wholly owned subsidiary, Active International Vietnam Co Ltd, will fund the construction of the US$200-250 million plant in the Bau Bang Industrial Park.
A spokesperson for DDK said once fully operational, the new facilities would create good paying jobs for about 10,000 locals.