- Green Growth
- Your Consultant
|A production line of $50-million plant in the Central Highlands province of Da Lat. - VNA/VNS Photo|
The company, which operates a US$50 million sheep wool factory in Da Lat City, is expected to ship 300 tonnes of yarn abroad this year. The plant is a joint venture project between Germany’s Sudwolle Group and Lien Phuong Textiles Industry Company, based in HCM City.
With an annual designed capacity of about 4,000 tonnes of yarn, the mill aims to create revenue from $100-120 million each year, contributing to the job generation for locals as it recruits up to 400 labourers.
Up to 90 per cent of the finished wool yarn from the factory will be shipped to textile companies using sheep wool worldwide.
In addition to the production function, the factory will be open to visitors who can watch the whole process of producing yarns from natural wool.
Viet Nam currently has 50 garment facilities using wool, with most of them using materials imported from Australia.