A state-of-the-art fiber-weaving-dying and complex is on the cards in Vietnam as the Vietnam Textile Group, Vinatex, is set to build it in the country’s Que Son district. The unit to come up this year will cost of $71 million. Deputy general director of Vinatex, Tran Van Pho, says that the complex is part of the Memorandum of Understanding (MoU) that Vinatex and the province signed two years ago.

The complex is in the central region to be prepared under the Trans-Pacific Partnership Agreement will boost the textile and garment industry in Quang Nam, Da Nang and other neighboring coastal central provinces.

The project would contribute to the provincial budgets as well as add jobs. It has been designed to produce 4,600 tons of spindles and a production line of textile, knitwear and dye manufacturing of 5,000 tonnes of products. Vinatex will also start construction of a fiber production plant in Thang Binh District and a garment plant in Nui Thanh District.