The Thang Nam (May) Forestry joint-stock company on February 19 began
construction of a wood and fibre-board processing plant in central Nghe
An province.

The plant, the most modern of its kind
so far in Southeast Asia, has a total investment of 500 million USD.
It will have a capacity of 8,800 cubic metres per year of wooden slats
and 400,000 cubic metres per year of MDF planks.

Designed by Japan’s New CC Construction Consultants and managed by
Royal Haskoning firm from the Netherlands, the plant will use advanced
technology and production lines provided by Germany ’s Diffenbacher
Group, the world’s leading supplier of wood processing equipment.

It is expected to become a model of sustainable development of
forestry in combination with environmental protection, which brings
about socio-economic benefits including bettering ecological
environment, generating jobs and raising income for locals in the
western districts of the province.

The first phase of the plant is expected to run in the first quarter of 2014 and its second phase in 2017.-VNA