Vinatex to build textile parks in Ninh Binh, Tra Vinh
“Each industrial park, which has an area of some 150 hectares, is expected to produce 200 million square meters of cloth each year. The investment for basic infrastructure will be some USD 20 per square meter,” Le Quoc An told on Monday (05 Oct).
He said the projects had been approved by the Ministry of Industry and Trade, while the related provincial governments had agreed to provide land. Vinatex is making detailed construction plans so the parks can be operational by 2015.
The national textile-garment group will build wastewater treatment and solid waste treatment systems so the parks will meet environmental protection standards.
According to An, Vietnam each year needs some two billion square meters of fabric for the garment production industry. However, the country’s textile enterprises annually produce only 700 million square meters, leaving the huge remaining gap to imports from China, Korea, Japan, India and other Southeast Asian nations.
Vinatex manages five industrial parks for the garment-textile industry, including one in Danang City, two in the north and two in the south. All the five are almost full with operating enterprises.
