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On 31/5/2016, intensive industrial Phu 3 handed over land for limited liability company Nitori BA RIA-Vung Tau Nitori Holdings Corporation in Japan. Attending the ceremony were representatives of contractors is the construction company Kajima Nitori, Japan and Mr. Toshio Kazama, Executive Director, JOINT STOCK company Phu Thanh Binh. Land handover is 20 ha (50% of the land area was signed in the contract), the remaining parts will be delivered complete in late November 2016. The project established limited liability company Nitori BA RIA-Vung Tau by Nitori Holdings Co., Ltd Japan invest in Phu 3 with the aim of producing furniture, furnishings, exterior and Interior and exterior decoration according to the types of business in the INDUSTRIAL PARK, covers an area of about 40ha with registered capital of 150 million USD , the total capacity of about 2 million products per year. Planned in three phases, of which the first phase will start in about August 2016 and operations from July 2017. At this stage, the firm will deployed to build the plant, equipment, machinery, recruiting and training for about 1,000 employees. Nitori Holdings Co., Ltd. is the 25th business invested in BA RIA-Vung Tau province, raising the total investment of Japanese enterprises in the province up 2.25 billion. This is also the first Japanese businesses are attracted to intensive Phu industrial zone 3, geared to support industry development locally, in accordance with the strategy for socio-economic development of the province of BA RIA-Vung Tau province, the period 2015-2020.
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