Dai Thanh Aluminum opens another 350 billion VND factory in Nhon Hoi Economic Zone

Dai Thanh Aluminum Company Limited was approved to build a factory producing aluminum and steel furniture with a capacity of 5,000 tons of products per year and a total investment of 350 billion VND.

The Binh Dinh Economic Zone Management Board has just approved the investment policy and approved the investor for Dai Thanh Aluminum Company Limited to implement the Dai Thanh Aluminum and Steel Furniture Factory Project.

The project is implemented to produce office tables, chairs, and furniture made of aluminum and steel with a scale of 5,000 tons of products/year. The project is implemented at Lot A4.05, A4.06, Nhon Hoi Industrial Park (Area A), Nhon Hoi Economic Zone, Nhon Hoi Commune, Quy Nhon City with an area of ​​over 9.9 hectares.

Nhon Hoi Industrial Park – Area A where Dai Thanh Aluminum Company Limited opened its factory.

The total investment capital of the project is 350 billion VND, of which the enterprise’s capital is 70 billion VND.

The project is divided into 2 phases. In which, phase 1 from the fourth quarter of 2024 to the fourth quarter of 2025, the investor completes investment procedures; build technical infrastructure, build factories, build auxiliary works and surrounding protective fences to put the project into operation with a designed capacity of 2,000 tons of tables and chairs/year.

Phase 2 from the first quarter of 2026 to the fourth quarter of 2027, the investor will complete the construction of the remaining factories, warehouses, internal roads… to put the entire project into operation with a total capacity of 5,000 tons of tables and chairs/year.

Dai Thanh Aluminum Co., Ltd. was established on November 18, 2024, headquartered at Lot A4.05, Nhon Hoi Industrial Park – Area A (same location as the project) with Mr. Le Thanh Luong as the representative.

Mr. Le Van Luong is also the representative of 2 other enterprises, Dai Thanh Nhon Hoi Co., Ltd. and Dai Thanh Wood Technology Joint Stock Company (Dai Thanh Furniture).

Dai Thanh Furniture was established in 2005, is the investor of the Wood Processing and Manufacturing Factory Project in Bui Thi Xuan Ward, Quy Nhon City with an area of ​​over 3.2 hectares, a scale of 10,000 m3 of refined wood/year. The project was approved on April 4, 2008 with a total investment of 30 billion VND, then increased to 32.45 billion VND on August 19, 2010.

Meanwhile, Dai Thanh Nhon Hoi Company Limited was newly established on November 13, 2024, with the same address as Dai Thanh Aluminum Company Limited; the main business line is the production of beds, cabinets, tables, and chairs.

Source: https://www.tinnhanhchungkhoan.vn/