# Asahi Intecc starts construction of $74M plant in Vietnam

Asahi Intecc Hanoi, a subsidiary of Japanese medical device maker Asahi Intecc, broke ground on a $74-million factory in Vinh Phuc province, Vietnam. The plant will produce stainless steel cables, medical devices, and plastic tubes.

- Type: New facility
- Announced: 2023-11-09
- Where: Thang Long Vinh Phuc Industrial Park, Vinh Phuc province, Vietnam
- Value: $74.0M
- Starts operating: Q4 2024
- Status: under construction
- Capacity: 36 million meters of stainless steel cables, 6 million PTCA sets, 6 million SPGW sets, 36 million meters of plastic tubes, 10 million monitoring devices, 10 million medical measurement machines per year
- Products: stainless steel cables, PTCA sets, spring guidewire sets, plastic tubes for syringes, monitoring and measuring devices, medical measurement machines
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Asahi Intecc](https://endata.com/companies/33087.md)

## Sources

- [theinvestor.vn](https://theinvestor.vn/japan-medical-device-maker-asahi-starts-works-on-74-mln-vietnam-plant-d7354.html), 2023-11-10: "Asahi Intecc vice president Kenji Miyata appreciated Vinh Phuc authorities for facilitating the project’s progress."

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