Livart Vina Company starts building its factory
Posted Date: 20/07/2011
On May 17, at Amata industrial zone in Bien Hoa City, Livart Vina Company held a ground-breaking ceremony to start building factory producing domestic wood furniture. Participating at the ceremony was Vice chairman of provincial People’s Committee.
Livart Vina is a wholly Korean invested company, specializing in domestic wood furniture used for decorating in the kitchen, house and office. 80% of its products will be consumed in domestic markets; the rest will be exported to foreign countries.
With investment capital of over 3.3 million USD and total area of 2 hectares, the factory will be installed modern production lines achieving international standards. The factory is scheduled to take into operation late November 2006.
Presently, Korea has 148 projects operating in Dong Nai’s industrial zones with the total registered capital of 1.5 billion USD, raking second (behind Taiwan) among 32 nations and territories investing in Dong Nai province.
(Translated by THKC)