The JFE Mechanical Vietnam Factory Project – 100% foreign direct investment from Japan – was developed by JFE Steel Corporation and located in Nhơn Trạch III Industrial Park, Đồng Nai Province. This is JFE Mechanical’s first plant in Vietnam, with an initial investment capital of USD 5 million, constructed on a total site area of 25,000 m².
Phước Thành was honored to undertake the construction and finishing works of the factory, contributing to the establishment of a modern manufacturing base for one of Japan’s leading industrial mechanical enterprises. The factory was inaugurated with the objective of achieving an output capacity of 5,000 tons of products in the first quarter of 2013.