Binh Dinh province People’s Committee has granted the investment license to Mr. Martin Richard Baker to invest US$312,500 in building a stainless steel factory at Nhon Binh industrial zone (Quy Nhon city).
This has been the 8th foreign direct investment (FDI) project in 2007 and one of 30 FDI projects granted the investment license in Binh Dinh so far. It is also the second project after AVSS Co., Ltd had been allowed to produce the stainless steel at Nhon Binh industrial zone.
The factory plans to be kicked off in October, 2007 with the production capacity of 500,000 products per year.
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