On the morning of September 22, 2024, at Lot Q1, Q2, Q3, Rang Dong Textile Industrial Park, Rang Dong Town, Nghia Hung District, Nam Dinh Province, the groundbreaking ceremony for the SanBang textile factory construction project took place. The ceremony was solemnly held with the presence of the investor SANBANG Company Limited (Singapore), the construction contractor Construction Joint Stock Company 105 (CC105), the management board of Rang Dong Industrial Park - Aurora IP and guests...
SANBANG Company Limited (Singapore) specializes in the production of towels, woven fabrics, DTY yarn. The project will have a total land use area of 103,400 m2 at Aurora IP. The total investment capital is 673.5 billion VND (equivalent to nearly 30 million USD). According to the plan, the investor will focus on completing related legal procedures and is expected to start the project in the first quarter of 2024; Complete construction, equipment installation, trial operation in the third quarter of 2025; officially produce from the fourth quarter of 2025. After completion of construction, the expected annual capacity will reach 15,000 tons of towels, 14 million meters of woven fabric, and 15,000 tons of DTY yarn.
SANBANG is one of the leading textile companies in Singapore, specializing in the production of home products. The company currently has a 4-hectare production facility in China with a full production line from spinning, weaving, dyeing... The project in Nam Dinh marks the expansion of the factory, the production scale is tripled, demonstrating the long-term, sustainable development plan and SANBANG's trust in the investment environment at Aurora IP in particular and Nam Dinh, Vietnam in general.