by ,http://vietnamnews.vn/economy/518974/major-wood-factory-opens-in-ha-tinh-province.html22 April 2019 Last updated at 08:30 AM
HÀ TĨNH — A medium density fibreboard (MDF) factory that is considered the biggest of its kind in the central region of Việt Nam was inaugurated in Vũ Quang District of Hà Tĩnh Province on Sunday.
The inauguration ceremony included the presence of Deputy Prime Minister Vương Đình Huệ.
The factory covers 18ha of land at the industrial cluster of Vũ Quang District. It was invested with more than VNĐ1.44 trillion (US$62 million) by the Thanh Thành Đạt MDF Joint Stock Company.
It is designed to produce 120,000cu.m of medium- and high-density fibreboard and 2,400cu.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 Vũ Quang District and Hà Tĩnh Province. — VNS