Hanosimex has currently approved a strategic plan of upgrading its textile production system in a bid to ramp up capacities to match international standards and ensure regional integration within Vietnam in the coming years, industry sources inform.
According to the plan, this Hanoi based company would procure the latest technologies for its huge capacity – polyester plant costing $50-$60 million and also set up a new fibre factory having 16,000 tons per year capacity at the cost of over $50 million.
These projects are scheduled to go into operation by the year end 2010 or thereafter.
Hanosimex has also invested VND 165 billion or US $10.3 million in expanding Hanoi fibre factory capacity and is setting up a new unit for manufacturing fashion knitwear.
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