TOP Textile JSC held an inauguration ceremony for its $203 million textile and dyeing factory in the northern province of Nam Dinh on July 13, marking an important milestone for the company in Vietnam.
Covering an area of just over 31 hectares at Rang Dong Textile Industrial Park (Aurora IP), the construction of the first phase began in 2022. This is a high-tech project that uses a reduced labour-force to produce various high-quality textile products. The factory has completed construction of phase one, which has a capacity of 60 million metres of fabric per year, equal to four times the capacity of the rest of textile and dyeing factories in the province combined.
The entirety of the factory’s output is destined for the export market.
Kyuichi Fukumoto, director of Pacific Textile Holdings Limited and chairman of TOP Textile Co., Ltd, said, “This grand-opening ceremony marks a significant moment in the history of TOP Textile.”
“TOP Textile is one of the largest knitting factories in northern Vietnam with a closed production process for knitting, dyeing and finishing. The factory is also committed to environmental protection. Our own wastewater treatment facility meets standard A, which is the strictest level in Vietnam. Our gas emission treatment system is designed to treat the gas beyond Vietnamese industrial emission standards,” said Fukumoto.
“In the next phase, we look forward to expanding the variety of products, adding more value, and further expanding our facilities,” he added.
The project’s second phase is expected to be completed next year, when the factory’s capacity will double to 120 million metres of fabric per year.
Standing Vice Chairman of Nam Dinh People’s Committee Tran Anh Dung said, “This new factory will improve the industrial production value and export value of goods from the province, while creating more jobs and income for about 1,800 workers. It also highlights the appeal of Nam Dinh, while affirming its ability to entice secondary investors to invest in Aurora IP, as the province grows into its role as a garments and textiles hub for the whole country.”
The inauguration ceremony also had the participation of the Embassy of Japan in Vietnam, the Ministry of Foreign Affairs and the Ministry of Planning and Investment, showing the importance of the project in promoting the bilateral relationship between Vietnam and Japan, as well as Nam Dinh’s garments and textiles sector.
Japanese Ambassador to Vietnam Ito Naoki said, “The start of operations at the TOP Textile factory in Nam Dinh is another example of the consistent and comprehensive strategic partnership between our two countries.”
Source: https://vir.com.vn/