The Thang Nam (May) Forestry joint-stock company on February 19 began construction of a wood and fibre-board processing plant in central Nghe An province.
Photo: VNA
The plant, the most modern of its kind so far in Southeast Asia, has a total investment of USD500 million. It will have a capacity of 8,800 cubic metres per year of wooden slats and 400,000 cubic metres per year of MDF planks.
Designed by Japan’s New CC Construction Consultants and managed by Royal Haskoning firm from the Netherlands, the plant will use advanced technology and production lines provided by Germany’s Diffenbacher Group, the world’s leading supplier of wood processing equipment.
It is expected to become a model of sustainable development of forestry in combination with environmental protection, which brings about socio-economic benefits including bettering ecological environment, generating jobs and raising income for locals in the western districts of the province.
The first phase of the plant is expected to run in the first quarter of 2014 and its second phase in 2017./.
Source : CPV/VNA