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Recently, the German Kurz Group announced that the company's investment in Vietnam's film factory construction project has started
.
The project is implemented by Kurz Vietnam, a subsidiary of the Kurz Group in Vietnam.
The film factory under construction is located in Binh Dinh Industrial Park, Economic Development Zone, Yungeng County, Binh Dinh Province, on the south-central coast of Vietnam
.
It is reported that the project covers a total area of 12 hectares and the total investment is about 40 million US dollars
.
The first phase of the project has an area of 6 hectares and an annual production capacity of 15 million square meters.
It is expected to be completed and put into operation from July to September 2023
.
The plant is expected to provide 150 jobs when it is put into operation
.
The Kurz Group is the first group in Europe to decide to invest in this industrial park in Binh Dinh province.
The factory is the 12th factory established by the Kurz Group globally and the third factory in Asia after China and Malaysia.
.
According to the business situation in Vietnam, the total investment of this project in the next 10 to 15 years can reach 100 million US dollars
.