Vietnamese company will manufacture sanitary pads and diapers in Cuba
In the first quarter of 2019, the production of sanitary pads and disposable diapers will begin in the Mariel Special Development Zone (ZEDM), the Vietnamese company Thai Binh Investment Trading Corp.
By Juventud Rebelde
Posted: Monday 26 March 2018 | 11:09:09 PM
A CubaNews translation.
Edited by Walter Lippmann.
In the first quarter of 2019, the Vietnamese Thai Binh Investment Trading Corp, which has been operating in the Mariel Special Development Zone (ZEDM) since 2016, will start producing sanitary pads and disposable diapers.
In a statement to the Cuban News Agency, Vi Nguyen Phuong, director general of the consortium, said the factory, which is currently under construction, will produce 40 million diapers and 150 million sanitary pads annually.
The investment, which totals more than nine million dollars, aims to provide local consumers with high quality, Cuban-made items, said Thai Binh, a company that has been present in the country for almost 20 years.
To meet the growing demand from domestic customers, the company decided to expand its investment activities in the ZEDM, where it also plans to build a powder detergent plant with a capacity of 50,000 tons annually, the directive said.
He argued that this new project will be under the form of a joint venture, in partnership with the commercial company Industrias Nexus S.A. of Cuba, a proposal that they plan to submit to the Mariel Office next April to become operational in 2020.
Today, Vietnam is Cuba’s second largest trading partner in the Asia-Pacific region and its main supplier of rice. The two countries have a relationship of more than half a century, which will be strengthened by the visit to Cuba of Nguyen Phu Trong, secretary general of the Communist Party of Vietnam, from 28 to 30 March.