Vietnamese

The Chairman of the Management Board of the Industrial parks of Hung Yen province awards the Investment Registration Certificate for the project "The TOTO Vietnam 4th factory" at Thang Long Industrial Park II to TOTO Vietnam Co., Ltd.

Published on 16 - 12 - 2020
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On December 16, 2020, the Management Board of the Industrial Parks of Hung Yen province awarded the Investment Registration Certificate for the project "The TOTO Vietnam 4th factory" at Thang Long Industrial Park II to TOTO Vietnam Co., Ltd.

TOTO Vietnam Co., Ltd, which belongs to TOTO Group of Japan, is an enterprise with more than 100 years of experience in the field of manufacturing and trading high-end sanitary ware (TOTO Group in Japan was established in 1917). On December 9, 2014, TOTO Vietnam Co., Ltd. registered to implement the first investment project in Thang Long Industrial Park II, Hung Yen province, with the initial registered capital of 100 million USD.

The project "The TOTO Vietnam 4th factory" is also the fourth investment project, which is registered by TOTO Vietnam Co., Ltd. and performed in Thang Long Industrial Park II. The project has a registered investment capital of 159.64 million USD, with the goal of manufacturing sanitary ware and related accessories. Thus, just after nearly 6 years since registering the first investment project in Hung Yen, TOTO Vietnam Co., Ltd. has continuously invested in expanding production and business activities. Total registered investment capital of TOTO Vietnam Co., Ltd. in Thang Long Industrial Park II so far is USD 414.72 million, with the leased land area of ​​25.86 ha. Currently, TOTO Vietnam Co., Ltd. has put two projects into production and doing business, initially creating jobs for over 1,800 employees and gradually contributing to the provincial budget.

Mr. Pham Truong Tam - The Chairman of the Management Board of the Industrial Parks of Hung Yen province (right) awards the Investment Registration Certificate for Mr. Suzuki Hiroyuki - General Director of TOTO Vietnam Co., Ltd. (left)

Speaking at the ceremony, Mr. Pham Truong Tam - The Chairman of the Management Board of the Industrial Parks of Hung Yen province welcomed and thanked Mr. Suzuki Hiroyuki - General Director and leaders of TOTO Vietnam Co., Ltd. for their trust and determination to choose Thang Long Industrial Park II, Hung Yen province for investment and expected the projects invested by the company to soon bring the results into play, positively contributing to the socio-economic development of Hung Yen province. The Management Board of the Industrial parks of Hung Yen province commits to always accompany and stand side by side with the company in the process of carrying out administrative procedures, solving related issues for the project to deploy investment, construction and soon operate and exploit; at the same time, requested the company to seriously and fully comply with the procedures and provisions of law in the investment process, production and doing business, ensuring the full implementation of the contents, according to the registered and committed schedule of investment.

Mr. Pham Truong Tam and Mr. Suzuki Hiroyuki take a photo with cardes and officials of the Management Board of the Industrial Parks of Hung Yen province and TOTO Vietnam Co., Ltd. 

Also at the ceremony, Mr. Suzuki Hiroyuki expressed his deep thanks to the concern and support of Hung Yen Provincial People's Committee, the Management Board of the Industrial Parks of Hung Yen province and the relevant departments, agencies and branches of the province for the company in the past time. With the experience of successfully performing many projects in Vietnam, TOTO Vietnam Co., Ltd. commits to focus on implementing the project to soon bring it into production and business activities, contributing to creating jobs for local workers and increasing revenue for the provincial budget.

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