# Sanbang Pte. to build $28.7M textile factory in Nam Dinh, Vietnam

Sanbang Pte., Ltd. received an investment certificate to build a $28.7 million textile factory in Rang Dong Textile Industrial Zone, Nam Dinh, Vietnam. Construction will begin in Q1 2024, with operations starting in Q4 2025.

- Type: New facility
- Announced: 2023-08-15
- Where: Rang Dong Textile Industrial Zone, Nam Dinh, Vietnam
- Value: $28.7M
- Starts operating: Q4 2025
- Status: announced
- Capacity: 15,000 tonnes of towels, 14 million metres of woven fabric, 15,000 tonnes of DTY per year
- Products: towels, woven fabrics, drawn texturised yarns (DTY)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Sanbang Pte., Ltd.](https://endata.com/companies/72121.md)

## Sources

- [vir.com.vn](https://vir.com.vn/two-singaporean-investors-push-development-of-factories-in-nam-dinh-104481.html), 2023-08-18: "On August 15, Nam Dinh Industrial Zones Management Authority issued an investment certificate for Sanbang Pte., Ltd. to build a $28.7 million project in the locality."

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