The headquarters of Pou Chen Vietnam Enterprise Ltd. in Bien Hoa city Tan Tao Investment and Industry Corporation’s (ITA) representative said that the footwear research and development centre will be deployed in Tan Tao Industrial Zone (Binh Tan district, Ho Chi Minh City). “The developer of this project has fulfilled all the procedures to be certified and start in the next months,” he said. Last year, IDEA Limited Company signed a contract to rent about 20 hectares of land in Tan Tao IZ with an estimated leasing fee of VND500 billion ($20 million) for this centre. The project may be divided into several phases, but in the first phase, IDEA will lease 6.5ha only. The project was received the investment certificate with total investment of $80 million at the end of 2017. Tsai Pei-Chun, chairwoman and CEO of Pou Chen Group, said the group is present in six Vietnamese localities with over ten factories and 160,000 workers. These include PouYuen Vietnam Enterprise Ltd. located in Binh Tan district, Ho Chi Minh City, as the group’s first manufacturing arm in Vietnam, which was built and put into operation in 1994. It has more than four plants and 90,000 workers, manufacturing 72… Read full this story
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