VIETNAM: USD 400 million tyre plant inaugurated in Tay Ninh

The factory, whose construction started in 2011, is the biggest foreign invested company in Tay Ninh to date. The plant has a design capacity of 150,000 tyres per year, including semi-and full-steel radical tyres and speciality tyres, and is expected to generate jobs for nearly 1,000 people.

Addressing the inauguration, Deputy Chairman of the provincial People's Committee Huynh Van Quang said the factory operation will contribute to the local socio-economic development, living conditions and quality of life.

Source: Daily "VietnamPlus", Hanoi; 1 Dec 2013
(Syed Rashid Ali, Karachi, Pakistan)