Work begins on a 25-million USD measurement instrument company
The plant, the second project invested by the company in Trang Due IP, will specialise in manufacturing and assembling electronic gas and water meters.
The plant will become operational in June, 2016 and is expected to provide jobs for more than 200 local labourers.
Aichi Tokei Denki is providing electromagnetic products, sensors and central control systems used for management and observation in large-scale complexes and building. The company also develops measuring equipment to monitor water supplies, sewerage systems as well as agricultural and industrial water treatment facilities.
The investment in Vietnam is part of the company’s strategy to expand its global share.
