HANOI – Huali Group, China’s major sports footwear manufacturer, has rented land at two industrial parks in Nghe An Province to develop two plants with a total investment of US$113 million.
One of the two footwear production plants will be built on over 14 hectares of land in the Hoang Mai industrial park, with a total cost of US$75 million. Work on the plant will start in June. Once in place in March 2023, the plant is expected to turn out 25 million products each year and create jobs for some 16,000 workers in the province.
The other one will cover over seven hectares of land in the WHA 1 industrial zone and cost US$38 million. In August, the facility will get off the ground and be put into operation in June 2023. The plant will annually produce 13 million items and provide jobs to some 8,000 laborers.
Tang Vinh Huy, deputy general director of Huali Group, said that the group was the world’s second-largest footwear manufacturer. Huali Group operates in Taiwan, China, Vietnam, Indonesia and India, creating jobs for 150,000 workers.
In Vietnam, Huali Group has expanded its reach to Haiphong, Hai Duong, Nam Dinh, Ninh Binh and Thanh Hoa. The group has run 27 plants with 110,000 workers in Thanh Hoa Province alone. The group is planning to develop seven more facilities in the province. Meanwhile, in Nghe An, apart from the two new plant projects, the group is seeking land to invest in two more factories.