He also had a working session with the southern province of Binh Duong’s authorities. Speaking at the working session, Chairman of the provincial People’s Committee Tran Thanh Liem said Binh Duong will offer favourable conditions for the company to expand business.
The province aims to attract investment in environmentally-friendly sectors that create products with high added value and require fewer labourers. It also focuses on urban development to become first-grade city by 2020, he added.
The factory of Polytex Far Eastern Company in Binh Duong isthe third largest in the world specializing in textile and chemical fiber production. The company plans to make smart products in garment and electronic spare parts.
Binh Duong is in top five localities attracting foreign investment worth over 25 billion USD in Vietnam. China’s Taiwan is one of the leading investors of Binh Duong with 730 projects worth 5.2 billion USD.
