# Pactex International to invest up to HK$1.3B in new Vietnam plant

Pactex International (formerly known as 互太纺织) plans to invest 6-13 billion Hong Kong dollars to build a new production base in northern Vietnam, with production expected to start between 2022 and 2024, adding monthly capacity of 3-8 million pounds.

- Type: New facility
- Announced: 2019-03-14
- Where: northern Vietnam, Vietnam
- Value: $166.0M (1.30B HKD)
- Starts operating: 2022
- Status: announced
- Capacity: 3-8 million pounds per month
- Products: textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Pactex International](https://endata.com/companies/37994.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/188024.html), 2019-03-14: "为满足未来扩展及风险分散，该公司正准备在越南北部选择一个合适的位置以建立新生产基地。"

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