Project of PI Vina Quang Tri textile and garment factory is invested and built in Dong Ai Tu Industrial Zone (Trieu Phong, Quang Tri) with a total area of nearly 66,000 m2, capacity of 10 million products per year and total investment capital of 20 million USD, divided into 2 periods.
The project is invested by Poong in Trading CO., Ltd and approved by the People's Committee of Quang Tri province in accordance with Decision No. 3123 / QD-UBND dated 15 November 2019 on establishing PI Vina Quang Tri textile and garment factory. Poong inTrading CO., Ltd is Korea's leading fashion manufacturing company specializing in processing and exporting high-class fashion clothes to European, American and Asian markets ... The project is implemented with costumes apparel (except fur skin apparel); knitted and crocheted costumes manufacturing; ready-to-wear textiles manufacturing (except apparel); other uncategorized weaved products manufacturing; textile products finishing (finishing with advanced printing technologies, heat-transfer and environmentally friendly printing forms).
(Products of Poong in Trading CO., Ltd. Source: IPA Quang Tri)
Project of PI Vina Quang Tri textile and garment factory is invested and built at Dong Ai Tu Industrial Zone (Trieu Phong, Quang Tri) with a total area of nearly 66,000 m2, capacity of 10 million products / year with total investment capital of 20 million USD and divided into 2 periods. In particular, the first factory will be completed and put into operation in 2020 the first period of construction with capacity of about 5 million products / year; the entire project will be completed and put into operation till 12/2024. The operation duration of the project is 50 years from the date of being approved the investment policy decision. The textile and garment factory will create jobs and stable jobs for 3,000 - 4,000 workers when it completed and put into operation in both periods. As planned, the whole PI VINA Quang Tri textile and garment factory will officially go into operation in December 12/2024.
This project is located in the area with difficult socio-economic conditions, therefore, it is entitled to preferential investment policies on land rent exemption and reduction, land use, land use tax; incentives on enterprise income tax, import tax and investment incentive policies according to the regulations of Quang Tri province.