Cutting ribbon to inaugurate the Phong Nha Cardboard Packing Plant

The project of Phong Nha Cardboard Packing Manufacturing Plant, jointly invested by Quang Binh One-member Lottery Co.Ltd and Quang Binh Print Joint-stock Company, was officially started in August 08 2008 with a total invested capital of VND23 billion, of which 70% of the total capital contributed by two companies and about 30% mobilized from bank loans and other contributions. The project is divided into three phases, including: first phase (2008-2009) with a total capital of VND7 billion, second phase (2010) with VND10 billion and third phase (2012) with VND6 billion. The plant has a capacity of 10 million m2 of products, is built on an area of 11,000 m2 and located in the North West Dong Hoi Industrial Park. So far, the plant has completed construction for the first phase with the total area of 2,700 m2, including: raw materials storehouse, finished product store, managing house, garage, transformer station...

The delegation visiting the plant

Speaking at the inauguration ceremony, Province Chairman Phan Lam Phuong praised the great efforts of Quang Binh One-member Lottery Co.Ltd and Quang Binh Print Joint-stock Company to overcome all difficulties and ensure the project's quality and progress, contributing to quickly completing and putting it into use. Chairman Phuong also ordered the plant to study the method of production to produce high-quality products, meeting the demand of the market.

Reported by Thuy Duyen - Translated by N.Y