On September 27, at Hoa Phu Industrial Park, Buon Ma Thuot city (Dak Lak province), Regal Vietnam Textile Company Limited held an inauguration ceremony and officially started operations.
This is a subsidiary of Regal Technology Co., Ltd., Hong Kong (China) invested in construction and put into operation in Vietnam.
Regal Vietnam Textile Company Limited specializes in producing yarn with a total investment capital of nearly 485 billion VND and a production scale of 6,800 tons/year.
After stable operation, Regal Vietnam Textile Company Limited will create jobs for more than 800 workers, many of whom are ethnic minorities.
Mr. Truong Ho Anh Hoang - Deputy Head of Dak Lak Province Industrial Zones Management said that Regal Vietnam Textile Company Limited is the first enterprise in the textile industry operating in Dak Lak Province's industrial zones and clusters.
Currently, in the Industrial Park, there is also a unit ordering raw materials for production from Regal Vietnam Technology Co., Ltd. Therefore, investing in building a local textile factory will contribute to the development of the high-tech textile industry and industry linkage.
"Previously, garment enterprises always had to import raw materials from abroad, so this will be a good opportunity for them to get cheap materials. From there, it will open up job opportunities and improve income for workers in the province" - Mr. Truong Ho Anh Hoang added.
Before inauguration and operation, Regal Technology Company Limited has organized training, professional training, and related regulations for workers and laborers so that they can work methodically and effectively.
