The Binh Dinh Economic Zone Management Board has just granted an investment registration certificate to Mascot International A/S Company (headquartered in Denmark) to invest in a project of a factory producing and processing high-quality garment products, a warehouse and a center for controlling the quality of raw materials.
Mascot International A/S and Becamex VSIP Binh Dinh signed a project investment contract.
The project covers an area of over 9.8 hectares, located in Becamex VSIP Binh Dinh Industrial Park - Nhon Hoi Economic Zone (Canh Vinh Commune, Van Canh District). The project has a total investment capital of over 1,290 billion VND (equivalent to 52 million USD). It is expected that the project will officially come into operation by September 2026.
Upon completion, this will be a garment manufacturing and processing factory; construction and business of warehouses and quality control centers for raw materials; implementation of export rights, import rights and wholesale distribution rights; technical inspection and analysis.
The project will produce and process 5 million garments per year, with a revenue of 51.3 million USD per year when the project operates at full capacity for 10 years. In addition, the project will also build and operate a warehouse and a quality control center for raw materials of about 16,000 square meters with a revenue of 2.4 million USD per year.
In addition, the factory also has revenue from export business, import rights and wholesale distribution rights of about 400 thousand USD/year. Revenue from technical testing and analysis activities is about 2 million USD/year.
Mascot International A/S is known as one of the world's leading corporations from Denmark, specializing in the production and processing of high-quality workwear. The company is famous for its products that meet strict European safety standards, widely used in industries such as construction, engineering, manufacturing and transportation.
At the signing ceremony of the project investment contract with Becamex VSIP Binh Dinh Industrial Park, Mr. Thomas Bo Pedersen - Senior Vice President of Asia of Mascot International A/S, said: "We believe that with the synchronous and modern infrastructure of the Industrial Park, along with preferential policies and favorable investment environment in the locality, the project will not only bring economic benefits but also contribute significantly to the sustainable development of Binh Dinh".
In addition to the project of Mascot International A/S Company, recently, at the Binh Dinh province investment promotion conference in 2025, Becamex VSIP Binh Dinh Industrial Park continued to affirm its role as a strategic investment destination, attracting the attention of domestic and foreign enterprises when attracting a series of investment projects.
Including the food production and processing project of S&B Food Co., Ltd with a total investment of 10 million USD; the wooden furniture production project of Lacquer Craft MFG Company with a total investment of 35 million USD.
Project to produce bamboo charcoal wall panels and radiator grilles of Jiahe Industry and Trade Co., Ltd. Hong Kong with a total investment of 30 million USD; Project to produce wood raw materials and accessories of Jiahe New Materials Co., Ltd. with a total investment of 24 million USD.
Project construction location of Mascot International A/S Company in Becamex VSIP Binh Dinh Industrial Park.
According to Mr. Nguyen Van Lang - General Director of Becamex Binh Dinh Joint Stock Company, investment projects in Binh Dinh not only help increase FDI capital, but also create an important driving force to promote local economic development. With thousands of job opportunities created, these projects contribute to improving the lives of workers, while expanding the province's production and export capacity.
In 2025, Becamex VSIP Binh Dinh Industrial Park will expand its investment in an additional 200 hectares of infrastructure. Striving to complete the target assigned by the People's Committee of Binh Dinh province, which is to attract 20 projects with a total investment capital of 12,000 billion VND.
Source: https://doanhnghiepvn.vn/doanh-nghiep/khu-cong-nghiep-becamex-vsip-binh-dinh-don-du-an-dau-tu-52-trieu-usd/20250410053003579
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