Taiwanese group builds hi-tech plant in Binh Duong

Binh Duong (VNA) - Construction of a 50 million USD hi-tech plan started by the TECO group of Taiwan in My Phuoc industrial park in the southern province of Binh Duong on July 19.

The plant covering 50 ha will produce electrical and electronic products for exports.

President of the TECO group Huang Mao Xiong said TECO Vietnam Technology Co. Ltd shows the group's commitment for a long-term business in Vietnam.

Established in 1956, TECO involves in industrial and household electricity, electronics, information data, construction and financial investment.

TECO has partners in the US , Japan , Sweden , and Germany in production of hi-tech products.