Work starts on first rubber latex processing factory in Dien Bien

The construction of Dien Bien rubber latex processing factory, the first of its kind in Dien Bien Province, was commenced in Pa Sang Village, Hua Thanh Commune, Dien Bien District, Dien Bien Province on May 22.
At the groundbreaking ceremony for the factory. (Photo: NDO)
At the groundbreaking ceremony for the factory. (Photo: NDO)

The factory is invested by Dien Bien Rubber JSC, with a total investment of 60 billion VND (2.36 million USD).

It has an annual capacity of 5,000 tonnes per year which is expected to generate jobs for about 80-100 people and contribute approximately 31.7 billion VND to the local budget during the 19-year project life cycle.

Upon its operation, the factory will ensure the processing of all rubber latex output exploited from the farms of Dien Bien Rubber JSC and Muong Nhe – Dien Bien Rubber JSC, as well as rubber latex from local households in the province.

On this occasion, Vietnam Rubber Industry Group presented gifts to 20 outstanding workers who are ethnic minority people.

NDO