Lotus Resin Pipeline Factory Inauguration

In the morning of April 15th 2016, in Nhon Hoa Industrial Park, An Nhon Town, Lotus Group has organized the ceremony on inaugurating and operating the Binh Dinh Lotus Resin Pipeline Factory. The attendants are included Mr. Nguyen Thanh Tung, Member of Central Communist Party, Secretary of Binh Dinh Provincial Communist Party, Chair of Binh Dinh People’s Council, Chief of Binh Dinh’s Parliament Members; Mr. Ngo Dong Hai, Deputy Director of Central Economic Board, Mr. Ho Quoc Dung, Chairman of Binh Dinh Provincial People’s Committee; Leaders of Binh Dinh Economic Zone Authority (BEZA) and other related provincial departments. From Lotus Group’s side, Mr. Le Phuoc Vu is President of Lotus Directors’ Board.

Lotus Resin Pipeline Factory Inauguration

Lotus Resin Pipeline Factory Inauguration

Binh Dinh Lotus Resin Pipeline Factory has been invested by Lotus One-member Company Ltd, a branch of Lotus Group. The factory is located on an area of 4.6 hectares with output capacity of 24,000 tons / year, including 12 lines of producing resin pipeline with European standard and total investment capital of VNĐ 367 billion. With the purpose of developing Binh Dinh province as a big center of steel and resin manufacture in order to supply to the Highland and Central Vietnam, Southern Laos and North – East Cambodia, Lotus Group has fulfilled a resin pipeline factory and a steel pipeline factory in Nhon Hoa Industrial Park, An Nhon Town. Besides, a steel producing factory is being urgently set up in Nhon Hoi Economic Zone with the total investment of all projects about VNĐ 3,000 billion.

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With the speech at the ceremony, Mr. Ho Quoc Dung, Chairman of Binh Dinh Provincial People’s Committee, has highly estimated the strong decision and responsibility from Lotus Group in executing big projects in Binh Dinh Province. Lotus Resin Pipeline Factory is put under operation in order to increase the provincial industrial production index, to answer the occupation demands from local labor. Also, Mr. Chairman suggests that Lotus Group, during the producing process, has to follow the regulations on land, environment protection, fire and explosion protection, health and labor safety… He also entrusts BEZA and related provincial departments with continuously giving the best conditions for the Group to invest and develop business and production.

Also at the ceremony of inaugurations, Lotus Group has handed VNĐ 2.2 billion over provincial humanity and charity activities, including VNĐ 1.4 billion for provincial general hospital to construct reside temporarily house for patients’ relatives, VNĐ 140 million for charity kitchen of Hoai Nhon general hospital, VNĐ 300 million for Poor People’s Fund of Van Canh District, Vinh Thanh District and Hoai An District, VNĐ 300 million for Hoai An District, Tuy Phuoc District and Phu My District and 50 bicycles for poor-but-fond-of-learning pupils in Binh Dinh Province. Moreover, Mr. Le Phuoc Vu, President of Lotus Directors’ Board, commits to use 2% profit of Lotus Group’s projects in Binh Dinh province for humanity and charity activities.

Đặng Nguyên Phúc

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