Home » Business » Japanese-funded US$440 mln factory inaugurated in Dong Nai

Japanese-funded USD440 mln factory inaugurated in Dong NaiJapan’s Lixil Group opened its building material manufacturing plant in Dong Nai province’s Long Duc Industrial Zone.

Lixil Vietnam Ltd Company, built on 55ha with investment capital of more than US$440 million, manufactures resin and aluminum products, including sashes, door and window frames, and roofs

The project, the largest Japanese investment in Dong Nai, expects to generate 2,000 jobs for local people.

Dinh Quoc Thai, Chairman of the Dong Nai provincial People’s Committee, said the number of Japanese investors registered to operate in the province has increased in recent years. In 2013, Japanese investment accounted for 30% of the total of more than US$1.6 billion worth of foreign investment capital in the province.

Thai asserted Dong Nai creates the best possible conditions for businesses to operate effectively in the locality.

(VOV)

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