Work starts on auto-parts plant

SUNDAY, JULY 29, 2012
Work starts on auto-parts plant

The Viet Nam Tokai company started on a plant to make plastic and rubber spare parts and accessories for automobiles at Da Nang's Hoa Cam Industrial Zone yesterday.

 

The plant, with a total investment of US$10 million (Bt315 million), will go into operation next March and provide accessories for car makers in Vietnam and the Southeast Asian region.
It's the fifth plant of Tokyo-based Tokai Kogyo in the world and the third in Southeast Asia after Thailand and Indonesia.
Da Nang currently has 54 investment projects from Japan worth $252 million.