Investment registration certificate presented to yarn spinning and manufacturing project at Rang Dong Textile and Garment Industrial Park

The project is backed by Hong Kong (China)-based Gold Cotton Trading Co., Limited, with a total investment of 20 million USD. It will cover an area of 7 hectares within the Rang Dong Textile and Garment Industrial Park.

The project aims to develop a cotton yarn and sewing thread manufacturing plant with an annual production capacity of 20,000 tonnes. It will have an operational term extending to 2065.

Construction is scheduled to begin in the second quarter of 2027. Basic construction, machinery installation and trial operations are expected to take place from the first to the second quarter of 2029, with the plant scheduled to be completed and officially put into operation in the third quarter of 2029.

Speaking at the ceremony, leaders of the provincial Economic Zone and Industrial Parks Management Board praised Star Viet Yarn Company Limited for its investment commitment and acknowledged the efforts of the infrastructure developer of Rang Dong Industrial Park Aurora IP in preparing for and supporting the project's implementation.

They expressed confidence that the project would help enhance production capacity, strengthen linkages across the textile and garment value chain, and promote the development of a circular economy at the Rang Dong Industrial Park.

To ensure the project's effective implementation, the provincial Economic Zone and Industrial Parks Management Board urged Star Viet Yarn Company Limited to mobilise sufficient resources and implement the project in line with its registered objectives, scale and schedule, while fully complying with legal regulations on investment, construction, environmental protection, fire prevention and fighting, and occupational safety.

The infrastructure developer of Rang Dong Textile and Garment Industrial Park was also requested to maintain close coordination with the investor and ensure the provision of technical infrastructure as committed, particularly electricity and water supply, as well as wastewater collection and treatment services, while promptly addressing any arising difficulties.

For its part, the provincial Economic Zone and Industrial Parks Management Board pledged to continue supporting the enterprise by providing guidance on procedures within its jurisdiction and proactively coordinating with relevant agencies to resolve difficulties and obstacles in accordance with regulations, thereby facilitating the project's implementation.

According to the industrial park's infrastructure developer, Rang Dong Industrial Park Aurora IP has completed 100% of its infrastructure construction. Its occupancy rate has reached approximately 40%, with foreign direct investment (FDI) projects mainly operating in the textile and garment industry./.