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The Viet Nam-Singapore
industrial zone in southern Binh Duong province. |
The US-based Johnson
Controls group has recently inaugurated a plant producing automotive
interiors in the Viet Nam-Singapore industrial zone in southern Binh
Duong province.
The US$8 million Jonhson
Controls Viet Nam has a capacity of churning out 833,000 products per
year and generates jobs for 530 workers. Its products are not only
geared to foreign customers in Japan and Malaysia but also potential
ones in Viet Nam.
The corporation's board
of managers highlighted Viet Nam's propitious investment environment,
intensive labour force and promising market of over 80 million people as
the main factors prodding them to increase investment in Viet Nam.
A global leader in
automotive devices and power solutions, Johnson Controls also plans to
expand their business to other fields in Viet Nam, including production
of power equipment like batteries and power solutions for the automobile
sector in the future, said the managers.
Jonhson Controls has an
annual turnover amounting to more than US$32 billion. |