Trailer and specialized vehicle factory expected to improve localization rate in auto industry.
The Truong Hai Automobile JSC (Thaco) opened a factory producing trailers and specialized vehicles on February 15 at the Chu Lai Open Economic Zone in central Quang Nam province.
The project is Vietnam’s first producing trailers and specialized vehicles and has total investment of VND150 billion ($6.7 million) with a designed capacity of 5,000 vehicles each year. Construction began on November 1 last year on an area of 2.4 ha, with the workshop occupying 1.38 ha.
With modern equipment and advanced technology on its production line, the plant specializes in welding ben tanks, painting, assembling, and quality testing.
Speaking at the opening ceremony, Secretary of the Quang Nam Provincial Party Committee Mr. Nguyen Ngoc Quang expressed his desire that the company would contribute to the development of the province as well as the localization rate in Vietnam’s automobile industry.
The plant is to produce 3,000 vehicles this year, including 1,200 trailers, 1,500 ben tanks and 300 tanks for specialized vehicles. With scientific design and modern infrastructure and equipment, the plant will be a major supplier of high quality trailers and specialized vehicles and will meet demand in the domestic market.