Japanese business builds packaging factory in HCM City
VOV.VN - United Packaging Co.,Ltd from Japan has broken ground on the building site for a new 5ha manufacturing facility at Tan Phu Trung Industrial Zone (IZ) in Cu Chi district, Ho Chi Minh City with a total investment of more than US$15 million.
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They chose to locate the factory at Tan Phu Trung IZ due to favourable geographic and planning conditions with the aim of implementing a strategy of expanding investment, diversifying and improving the quality of products to meet increasing market demand, and to sharpen their competitive edge.
The factory is expected to come into operation by May 2019.
Tan Phu Trung IZ has drawn more than 80 investors and many factories have been established in the IZ.
A representative of the IZ says its managing board have always facilitated investors and created the best possible conditions for their production, bringing them long-term sustainable value.
