Work starts on PVC pile factory
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Saigon Industry Corporation (CNS) has started work on a factory producing plastic piles for landslide prevention works.
The facility in Tan Thanh Dong Ward of HCMC’s Cu Chi District will cost about VND300 billion (US$14.3) million and be up and running six months later.
The city has seen landslides along the city’s riverbanks rising in recent years.
The company has got approval from the city government for mass production of PVC piles after tests showed such piles could be effectively used to prevent land from sliding along riverbanks in districts 9 and 12.
The same day the firm also commissioned two other factories producing high-tech rubber products and plastic products in Cu Chi District.
The two newly-built plants cost nearly VND300 billion.
CNS which started operation in 2006 is a diversified enterprise with key products including Craven A cigarettes, mechanical products, computers, chemicals and others.
The corporation will implement a $190 million project this year to build an integrated circuits factory with average output of some 300 million units a year.
