Kwang Yang Vietnam Co.Ltd.’s factory inaugurated in Binh Duong

Covering 57,575 square meters, the factory has a total investment capital of nearly US$20mln and is specialized in manufacturing various bikes and their components. This is part of KYMCO group’s long-term business strategy and the group also sets a foundation for its development in ASEAN market.

The factory is built as a center making various bikes for the whole ASEAN region and exporting them into some European countries like Germany, France, Italy…

Addressing the ceremony, Tran Thanh Liem, Vice-Chairman of provincial People’s Committee applauded the birth of KYMCO factory. This investment field contributes to promoting hi-tech industries, which is in line with the province’s orientation for investment attraction in the current period.

He also wished the company many achievements in production and business, actively contributing to the local socio-economic development.

Reported by Phuong Le-Translated by K.T