Takado Vietnam Co.Ltd., which is specialized in manufacturing car components, high pressure petroleum pomp components, inaugurated its second factory in the Vietnam-Singapore Industrial Park 1 (VSIP 1) on the morning of June 6.

The 7,000-hectare factory will help Takako Vietnam Co.Ltd. in VSIP 1 raise its capital to US$4mln with 4.5 hectares in total, including 2.5 hectares for workshops…

Established in 2003, Takado Vietnam Co.Ltd. is known as a wholly Japanese-owned company with more than 920 workers, most of them are Vietnamese people. So far, more than 500 company workers have been sent to Japan for training.

At the inauguration ceremony, provincial People’s Committee Vice-Chairman Tran Thanh Liem spoke highly of the activities of Takado Vietnam Co.Ltd. over the past ten days and its investment for the second factory. He added that Binh Duong has always created a favorable investment climate for Japanese enterprises and others to uphold their investment efficiency.

Reported by T.Minh-Translated by K.T