*NEWS*WORLD LARGEST PRINTER FACTORY

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Date: Tuesday December 27, 2005 10:11:00 am
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  • Anonymous
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    World largest laser beam printer factory put into operation
    dec 2005
    A
    US$50 million laser beam printer factory, the largest of its kind in
    the world, officially became operational in the Que Vo Industrial Zone
    (IZ) in the northern province of Bac Ninh on Dec. 24.
    Covering an
    area of 20 hectares, the wholly Japanese-invested factory, which is
    designed to have an annual capacity of nearly 8.5 million products,
    will meet some 35 percent of the world market’s demand for laser beam
    printers and create stable jobs for 3,000 local workers.
    Canon Group, the project’s investor, is currently providing over 50 percent of the total number of printers in the world.
    The
    construction of projects to produce ink jet printers in the Thang Long
    Industrial Zone and Canon’s laser beam printer project in the Que Vo IZ
    will create opportunities and prospects for Vietnam to develop a new
    industry and attract more domestic and foreign investors.
    After
    three years of operation, the 311-ha Que Vo Industrial Zone has lured
    more than 40 domestic and foreign investors, including many
    world-famous groups such as Canon, Mitac, Mitsuwa, Nippon Steel,
    Sentac, Takaotek, Seiyo, Liwayway, Seewell, I-Sheng, Henry and Jenway,
    said Dang Thanh Tam, General Director of the Kinh Bac Urban Development
    Co., the investor of the IZ.
    So far, 23 investors have been licensed
    to build factories in the IZ, of whom foreign investors have invested
    $124 million, accounting for 95 percent of the Bac Ninh province’s
    total foreign investment
    .

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