14:52 | 20/04/2017 Industry
Construction on Rang Dong textile industrial park – the largest of its kind in Vietnam – began in Nghia Hung district in the northern province of Nam Dinh on April 18.
|The Rang Dong textile industrial park on design (Photo: rangdongip.com.vn)|
Vice Chairman of the provincial People’s Committee Ngo Gia Tu said that the industrial park plays an important role in the province’s sea-based economic development strategy, contributing to transferring local economic structure.
Nam Dinh is home to more than 480 textile businesses with over 70,000 workers. The sector’s revenue accounts for 40 percent of the province’s total industrial production value.
Therefore, once operational, the industrial park will serve as a driving force for the locality’s socio-economic development, he stated, asking investors to mobilise resources to build infrastructure facilities synchronously to ensure the progress of the project.
According to Tran Minh Hoan, head of the province’s industrial park management board, the project covers a total area of over 2,000ha and is divided into three phases.
The Rang Dong industrial park aims to attract investors to the garment and textile field towards the goal of 1 billion metres of fabric in 2020 and 1.5 billion metres by 2025.
To meet environmental regulations, a wastewater treatment station with a capacity of 110,000 cu.m per day will be built.
In 2016, Vietnam imported 5.5 billion metres of fabric. It set a target of increasing the domestic fabric output from 2.85 billion metres in 2016 to nearly 18 billion metres in 2025. To fulfill the goal, the Government has allowed the establishment of several major textile industrial parks in certain localities with Nam Dinh planned to become a garment and textile centre of the north.