Kenda to invest US$160 million in Dong Nai tyre factory
The Dong Nai IZ management board on September 22 handed over an investment licence to Kenda Vietnam to build a factory to produce car, motorbike and bike rubber tyres.
After it is put into operation, the factory is expected to generate 4,000-5,000 jobs and earn an annual export revenue of US$200-300 million.
It will use rubber materials from Dong Nai and other areas in Vietnam to produce tyres./.
Source: VOVnews
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