KyungBang Vietnam Company Ltd., under KyungBang Corporation (Korea) is famous in textile and garment industry. In May 2013, located on an area of 62,800 square meters, the manufactory was opened and specializes in producing fibers for textile and garment industry in Bau Bang Industrial Park. The factory is equipped modern machines imported from Riter in Switzerland and Schlaphost in Germany. The supplementary areas of 28,000 square meters are on the total area of 16.3 hectares with the capital of US$40 millions in the phase I.
Currently, KyungBang Vietnam factory is the most modern one in Vietnam producing cotton fiber by high technology with the scale of 25,920 spindles. With the monthly capacity of 550 tons, the factory provides 6,600 tons of high quality cotton fiber per year for textile and garment companies in Vietnam.
Provincial People’s Committee Chairman Le Thanh Cung visited the factory
At the meeting, Mr. Lee Kap Soo – General Director of KyungBang Vietnam Company Limited requested problems concerning to electricity, environmental pollution of neighbor companies affecting its production, preferential tax policy. Meeting to these demands, representatives of electricity, environment, Custom answered the question and informed that these pending matters are cleared.
Speaking at the session, Chairman Le Thanh Cung highly appreciated KyunBang Vietnam Company Limited’s ability and said that the field which the enterprise invests in is very potential and convenient to the provincial orientation that attracting the investment in supporting industries, thus, contributing to the development of Binh Duong textile and garment in particular and in Vietnam in general. At the same time, with the point of view is to improvethe investment environment, provincial People’s Committees at all levels and departments and branches always supports the entrepreneurs, resolves their problems, creating the favorable conditions for investors in general and KyungBang Vietnam Company Ltd. In particular. He also reminded the company to pay more attention to labor policies for its durable development.
Nhan Binh