# Toray Industries plans fiber plant in Nam Dinh, Vietnam

Toray Industries hopes to invest in a fiber plant in northern Nam Dinh Province, Vietnam, with investment capital of about 20 billion JPY ($184.4 million). It would be the first fiber plant using advanced techniques under Toray's long-term investment roadmap in Vietnam.

- Type: New facility
- Announced: 2019-01-16
- Where: Nam Dinh Province, Vietnam, Vietnam
- Value: $184.4M (20.0B JPY)
- Status: announced
- Products: fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Toray Industries](https://endata.com/companies/4565.md)

## Sources

- [en.vietstock.vn](https://en.vietstock.vn/2019/01/japan-firm-to-build-fiber-plant-in-vn-974-345054.htm), 2019-01-16: "This would be the first fiber plant using the most advanced techniques under Toray's long-term investment roadmap in Viet Nam."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.