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Taiwanese textile firm seeks help for expansion project in Vietnam

31 Mar '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Authorities in the southern Vietnamese province of Binh Duong recently met Yeh Ming Yuh, director general of Taiwanese concern Polytex Far Eastern Vietnam, to discuss how to help the later resolve issues facing its expansion project at the Bau Bang Industrial Park. Yeh sought help in legal formalities for building a workers’ dormitory and paperwork for a 10-MW solar power plant.

Vice chairman of the Binh Duong People’s Committee Nguyen Van Danh requested concerned departments to help the company promptly deal with the issues and provide it with the best possible conditions to complete required procedures for the project to start, according to a news agency.

In 2015, Far Eastern Group, a multi-industry corporation from Taiwan, invested $274 million to develop a fibre manufacturing and spinning facility at the Bau Bang Industrial Park, which started operation at the end of 2016. The company has been busy preparing for the start of the third phase of the facility’s expansion.

ALCHEMPro News Desk (DS)

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