12/04/2014

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VIETNAM: Kim Bao Son builds second medical glove factory

The USD 14-million factory, spanning a 12 ha area in the Giang Dien Industrial Zone of Trang Bom District, is designed to produce 7,500 tonnes of medical gloves per year for domestic and regional markets when it becomes fully operational by late 2015.

This is the company\'s second glove factory in Dong Nai. The first one, worth USD 12 million, is based in the Long Thanh Industrial Zone.

Lin Kua Tang, the company chairman, revealed that the first factory has been operating successfully since 2004, so the company decided to expand in the province.

Provincial figures show that Taiwan is the largest foreign investor in Dong Nai, with 285 projects worth USD 4.8 billion.

Source: bizhub.vn, Hanoi; 3 Dec 2014
(Syed Rashid Ali, Karachi, Pakistan)

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