Olympus opens its largest overseas factory in Vietnam
VNBusinessNews – A ceremony to inaugurate a new manufacturing plant was held on February 12th in the Long Thanh Industrial Zone in Dong Nai Province by the Japanese Olympus Group.
The plant, built with a total investment of US $110 million, covers an area of 12 ha in the Long Thanh Industrial Zone.
At the ceremony, the President of the Olympus Group, Masaharu Okubo, said that this is new factory was not only Olympus’s first plant in Viet Nam, but also its largest overseas plant in the world.
The manufacturing plant will produce spare parts for digital cameras and medical devices, which will be then exported to other makets, such as Japan, the United States and European countries.
When it becomes fully operational, the plant will have a capacity of some 10 million tones of products per year by 2010.
The Japanese Olympus group, which specializes in digital cameras and other image devices, has already invested in several large projects in other countries, such as China, Italy and the UK.
