Binh Dinh-Nhon Hoi Schaupp Ltd. invests in constructing prefabricated house-frame factory
16:47', 23/8/ 2007 (GMT+7)

Nhon Hoi Economic Zone Administration (NEZA) issued investment certificate dated 21 August, 2007 for the approval of Binh Dinh-Nhon Hoi Schaupp Ltd. to construct a prefabricated house-frame factory in Nhon Hoi Economic Zone (Zone A).

Accordingly, Schaupp will invest roughly USD 15 million to construct the factory manufacturing steel-frame for prefabricated house and steel products. The factory will begin construction in next September and expects to come into operation in December 2008.

It was the 12th project to get Investment Certificate and the 3rd foreign investment project in Nhon Hoi Industrial Zone, raising total registered investment into Nhon Hoi Industrial Zone VND 9,868 billion (roughly USD 616,7 million).

  • Reported by Thanh Truc
  • Translated byHong Ha
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