The plant, which is scheduled to be a large-scale operation, will be built in 2017 on an area of 400,000 square metres. The plant will produce materials and spare parts for furniture products, along with producing assembly line items which will be exported and sold in Japan.
The capacity of the plant has yet to be confirmed but it is expected to be 2.5 times higher than the plant in Hanoi. It will produce key products such as cupboards, sofas and cushions, and it is scheduled to put into operation in February 2018.
Nitori Holdings, the largest group of its kind in Japan, currently has two furniture plants in Indonesia and Vietnam. It owns a chain of more than 340 furniture stores in Japan and 27 in the US, China and Taiwan (China).
Nitori plans to open more than 40 stores in Japan and14 abroad in 2015 ─ it expects to increase the number of stores to 1,000 by 2022.
