Denmark’s Specter Real Estate A/S has begun construction of a garment factory in the Mekong Delta province of An Giang’s Châu Thành District with a total investment of VNĐ253 billion (about US$11 million).
The plant, built on an area of over 38,000sq.m at the Bình Hòa Industrial Park, will produce two million products a year. It is expected to be put into operation in January 2024 and create jobs for more than 1,200 local workers.
Nguyễn Thanh Cường, head of An Giang province’s Economic Zone Authority, said the implementation of the Specter An Giang Garment Technology project was hoped to not only bring about huge benefits to the investor but also positively improve An Giang’s industrial production and export value as well as boost local socio-economic development.
Specter Real Estate A/S specialises in manufacturing outdoor sports apparel for export to Europe, North America, and Japan.
The new factory in An Giang is its third project in Việt Nam, following those in the northern provinces of Thái Bình and Nam Định. — VNS