This is an important project with a total investment of more than 51 million USD and a construction area of up to 78,561m2.
The project is divided into 2 phases, phase 1 will be tested in the first quarter of 2026, phase 2 will start construction in the second quarter of 2026 and will be tested in the fourth quarter of 2026. After the project comes into operation, it will supply the market with 5,400 tons of fiber/year, equivalent to each phase with a capacity of 2,700 tons/year. After completing the synchronous operation of the 2 phases, the project will create jobs for about 800 workers. Licogi 18.3 was selected as the general contractor to implement this project.
This project not only contributes to the development of the domestic fiber industry but also brings positive impacts to the local economy, especially in creating sustainable employment opportunities. Through a modern and synchronous machinery system, the factory will contribute to the goal of developing a green and environmentally friendly industry in Thai Binh province.
Quy Ninh Industrial Cluster has a favorable location in terms of transportation and infrastructure connection with major industrial zones such as Hai Phong, Hanoi, Hai Duong, Hung Yen, with available trained labor resources. In addition to the project of Golden Eagle Fiber Company Limited, this industrial cluster is also attracting the attention of many secondary investors, promoting the development of production and business in the locality.