Sakura Craypas Company inaugurated

A ceremony to inaugurate the Japanese-invested Sakura Craypas Company was held at Vietnam-Singapore Industrial Park 2A in Tan Uyen town’s Vinh Tan commune on the morning of November 22, in attendance of Tran Thanh Liem, Vice-Secretary of provincial Party Committee, Chairman of provincial People’s Committee together with many other leaders.

Tran Thanh Liem, Vice-Secretary of provincial Party Committee, Chairman of provincial People’s Committee at the ribbon-cutting ceremony to inaugurate the company

Covering 1.5 hectares, the company is specialized in manufacturing various crayon products with a total chartered capital of US$1.3million. As planned, the company’s first products will be launched in February, 2018. The company’s total revenue in 2018 is estimated at 100 million yen and the figure will amount to 700 million yen till 2021.

Addressing the ceremony, Mr.Liem stressed that provincial leaders have spoken highly of the company’s investment in the province while believing that the company will work stably and effectively, continue making production expansion and always accompany the province in calling for other investors, especially Japanese ones to make investment herein. Provincial leaders will always create favorable conditions for investors in general and the company in particular to take fruits in production and business.

Reported by Phuong Le-Translated by K.T

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