# Depak raises packaging factory investment in Thanh Hoa to VND394.2 billion

Depak Company Limited received approval to raise its investment in a packaging factory at Bim Son Industrial Park, Thanh Hoa, from VND85 billion to VND394.2 billion (about $14.74 million). The plant will make carton packaging and plastic wood products, with operations expected 37 months after land handover.

- Type: Investment
- Announced: 2023-07-30
- Where: Bim Son Industrial Park, Thanh Hoa, Vietnam
- Value: $14.7M (394.2B VND)
- Status: announced
- Capacity: 100,000 tons carton packaging and 50,000 tons plastic products per year
- Products: three-layer and five-layer carton packaging, corrugated board, plastic wood, paper boxes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Depak Company Limited](https://endata.com/companies/10857.md)

## Sources

- [theinvestor.vn](https://theinvestor.vn/vietnam-firm-depak-quadruples-packaging-factory-investment-d6008.html), 2023-07-30: "Depak Company Limited... has received approval to increase its investment in a packaging factory from VND85 billion ($3.59 million) to VND394.2 billion ($14.74 million)."

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