Izumi MFG Vietnam Co., Ltd. has officially launched its chain manufacturing plant for bicycles and motorcycles in Phu My 3 Specialized Industrial Park. This marks the first investment of the Izumi Chain Manufacturing Group in Vietnam. The factory covers an area of 10,000 m2 with a total investment of nearly 265 billion VND, and a production capacity of 500 tons per year. The products manufactured at this plant will be used in various industries, including automotive, motorcycle, bicycle, and machinery.
Mr. Nguyen Cong Vinh, Vice Chairman of the People's Committee spoke at the ceremony
Izumi MFG Vietnam is equipped with the most advanced Japanese production technology, ensuring high-quality products that meet international standards. This contributes to increasing the localization rate of domestic vehicles. The operation of this factory will boost the socio-economic development of Ba Ria - Vung Tau province, create more jobs for the local people, and serve as a clear demonstration of administrative reform procedures, shortening the time for investment procedures in the province.
Furthermore, the factory implements favorable policies for employees, creating a safe and friendly working environment.
Mr. Higashino, president of the parent company, spoke at the ceremony
Izumi MFG Vietnam Co., Ltd. is committed to providing high-quality products, competitive prices, and professional customer service, contributing to enhancing the position of the Vietnamese chain manufacturing industry in the global market. The factory is expected to be officially operational in the third quarter of 2024.
Some pictures at the ceremony