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VIETNAM
Construction
July 12, 2007

Japan’s Inax builds more factories
Chairman of Japan’s renowned material construction corporation, Inax, has said that the group would invest 5.3 billion JPY (close to US$43 million) for two factories in Vietnam and another in neighbouring China.

Chairman Ryuichi Kawamoto said at a press conference on July 12 that a factory with a capacity of 500 tonnes of washbowls and other products per month would be located in Ha Noi's suburbs while the other factory to be housed in Ho Chi Minh City to make wall-tiles.

Inax has already built three factories in Ha Noi as part of the group’s plan to expand its manufacturing presence in Southeast Asia. VNA

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