Businesses

Hitachi Cable Vietnam Co Ltd spends nearly VND900 billion on production expansion

MONDAY, 15/10/2018 16:05:39

The capital added this time will be used for construction and purchase of machinery and equipment for the 3rd factory.

Hitachi Cable Vietnam Co., Ltd. in Tan Truong industrial zone (Cam Giang) has increased investment by over VND891 billion to expand its project of building factories to manufacture, process, and assemble conductor wires, cables, and optical cables.

The project has been implemented in Hai Duong since 2008 with the initial investment exceeding VND435 billion.

After many times of capital raising, the company has spent a total of over VND1,782 billion so far.

The capital added this time will be used for construction and purchase of machinery and equipment for the 3rd factory.

Hitachi Cable Vietnam Co., Ltd. specializes in manufacturing, processing, and assembling conductor wires, cables, optical cables, and printer rollers; producing plastic pellets for wire sheath making; hiring out redundant workshops, offices, and warehouses; etc.

LAN NGUYEN

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