The project will build a lumber and plywood factory in Ky Thinh ward with an area of over 155,000 m2, sawn timber capacity of 56,160 tons/year; plywood over 187,200 tons/year; the output of waste products from sawn and plywood operations is 224,640 tons/ year.
In addition, the investor also build a factory producing compressed wood pellets with a capacity of 150,000 tons/year and products and services to provide lumber, plywood, wood pellets ...
The total investment capital for building the factory is 1,278 billion VND, the project operation duration is 50 years after being granted the investment policy decision.
An Viet Phat Ha Tinh Forest Product Processing Factory for Domestic Consumption and Export is one of a series of 10 factories that the Group is deploying to build across the country to meet the export orders to countries in the world.
This is the first groundbreaking project in Vung Ang Economic Zone in 2020.
As expected, An Viet Phat Ha Tinh Forest Product Processing Factory for Domestic Consumption and Export will be completed and officially put into operation after 10 months of construction.