14:40 | 23/04/2019 Investment
A medium density fibreboard (MDF) factory that is considered the biggest of its kind in the central region of Vietnam was inaugurated in Vu Quang district of Ha Tinh province on April 21.
|Deputy PM Vuong Dinh Hue (C) and other officials at the inauguration ceremony of the MDF factory on April 21 - Photo: VNA|
The inauguration ceremony saw the presence of Deputy Prime Minister Vuong Dinh Hue.
The factory covers 18ha at the industrial cluster of Vu Quang district. It was invested with more than VND1.44 trillion by the Thanh Thanh Dat MDF Joint Stock Company.
It is designed to produce 120,000 cub.m. of medium- and high-density fibreboard and 2,400 cub.m. of other wood products per day.
The factory is equipped with cutting-edge technology from Europe and highly automated to ensure product quality and reduce production costs while being environmentally friendly.
It is hoped to greatly help with local industrialisation and modernisation and create jobs for residents, thus contributing to economic development of Vu Quang district and Ha Tinh province.