Tokyo Keiki launches new factory in High-Tech Park
(VOV) -Japan based Tokyo Keiki Precision Technology on September 10 inaugurated a US$40 million 30,000 sq metre facility producing high tech electromagnetic switching valves and high pressure pane pumps in the central city of Danang.
General Manger of Tokyo Keiki Technology said the company decided to invest in Danang as a result of sound relationship between Vietnam and Japan as well as abundantlabourforce in the locality.
The company will expand market share in developing countries in a bid to meet growing demand for hydraulic equipment, he noted.