ID :
20838
Tue, 09/23/2008 - 22:18
Auther :

Sanitary ware factory commences operation in Hung Yen

Hung Yen (VNA) - A 25.7 million USD sanitary ware factory, with a capacity
of 500 tonnes of products per month has officially commenced production in
Pho Noi A Industrial Zone in northern Hung Yen province on September 23.

It is the fourth factory of the INAX Vietnam Sanitary Ware Company Ltd.
which has raised the company's total capacity of sanitary ware products to
2,300 tonnes per month after a ten-year investment period in Vietnam .

Addressing the opening ceremony, Vice chairman of the provincial People's
Committee, Nguyen Thanh Quan, said that INAX's trademark and prestige have
been recognised and its products have accrued the largest market share in
Vietnam .

He expressed his hope that the new factory will be successful and continue
to expand its operation in the locality to contribute to provincial
socio-economic development.

An INAX representative added that the company believes in the development
of Vietnam in the future and that plans are in the pipeline for a fifth
factory.

The company's registered capital in Vietnam is now 60 million USD, a
3.5 fold increase since 1998.

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