Canon to build schools in remote areas
Japan’s
Canon will provide more than US $400,000 for the construction of 16
schools in remote areas of the country from now until 2010.A Memorandum
of Understanding underscoring the aid was signed in Hanoi on July 18 by
President and CEO of the Canon group Tsuneji Uchida and Deputy Minister
of Education and Training Pham Vu Luan.Canon will kick off the project
by building 15 classrooms in the northern mountainous provinces of
Tuyen Quang and Hoa Binh and central Thanh Hoa province. Work on the
classrooms are expected to be completed by the end of October this
year.After entering the country five years ago, Canon Vietnam now
boasts one factory in Hanoi’s Thang Long industrial zone (IZ) and two
more in the Que Vo and Tien Son IZs in northern Bac Ninh province.
Its
main products include laser printers, ink-jet printers, photocopiers
and cameras.Canon Vietnam employs more than 13,000 local workers and
became Vietnam’s leading exporter with revenues of US $700 million in
2006. Pundits believe that figure will climb to US $1 billion by year
end.