Swedish group wants đăng nhập bet88 build a billion high-tech recycling factory in Vietnam

Minister of Industry and Trade Nguyen Hong Dien had a working session on February 19 with the People's Committee of south-central Binh Dinh province and representatives of Sweden's Syre Group on a projected high-tech fabric production complex, đăng nhập bet88 be invested in by Syre Group,

At the meeting, Syre Group proposed đăng nhập bet88 invest in a polyester fiber recycling complex factory project in Binh Dinh province with an investment capital of 0 million or more, đăng nhập bet88 billion.

The Group is committed đăng nhập bet88 applying modern technology đăng nhập bet88 the polyester fiber recycling production project, meeting the world's leading standards on environmental protection and complying with Vietnam's environmental protection regulations.

In addition, the Group proposed đăng nhập bet88 be supported in terms of mechanisms and policies related đăng nhập bet88 the implementation of the textile waste recycling project, guidance on procedures for importing recycled materials and assessing environmental impacts, and support in connecting with specialized agencies đăng nhập bet88 ensure the project is implemented smoothly.

According đăng nhập bet88 the Group, it will always prioritize the collection of raw materials in Vietnam. However, there is not a clear mechanism for collecting used clothing in Vietnam. This will cause many difficulties in purchasing, classifying and processing raw materials đăng nhập bet88 meet the production standards of the project.

"Therefore, we propose that the Ministry of Industry and Trade (MOIT) support the development of a mechanism and specific instructions on the collection, classification, and treatment of used clothing domestically đăng nhập bet88 ensure a source of recycled materials for production," saidMr. Tim King - Senior Operations Director, Syre Group.

Speaking at the working session,Minister Dien affirmed that the European Union (EU), including Sweden, is an important economic and trade partner of Vietnam.

Over the past years, since the two sides signed the Free Trade Agreement and the Investment Protection Agreement, the wave of investment as well as economic and trade relations has increased rapidly every year.

It can be said that the EU has everything Vietnam needs and Vietnam meets everything the EU needs, including Sweden, so the two sides need đăng nhập bet88 cooperate more closely đăng nhập bet88 promote economic and trade relations between the two countries đăng nhập bet88 a new level, including specific proposals related đăng nhập bet88 the High-tech Fabric Production Complex project.

According đăng nhập bet88 the Minister, Syre Group's proposals meet the traditional growth drivers and new growth drivers such as investment and green transformation, digital transformation, and circular economy, so the MOIT fully supports this project.

However, the Minister noted that the most important issue when importing recycled products is environmental issues.

Therefore, Vietnam is very interested in the technologies that Syre Group applies in the production process đăng nhập bet88 ensure cleanliness and safety for the environment, and đăng nhập bet88 meet the requirements for wastewater and waste treatment of the project.

In addition, the minister asked Syre Group đăng nhập bet88 cooperate with domestic enterprises toimplement the project's goals, including the formation of a closed chain from production, processing đăng nhập bet88 consumption, which can be localized, so that the project can demonstrate its socio-economic effectiveness for Vietnam.

"If Syre Group proves the superiority of the project in terms of production technology, the ability đăng nhập bet88 contribute đăng nhập bet88 the socio-economic development of Vietnam as well as the ability đăng nhập bet88 create a closed domestic production chain, the MOIT is ready đăng nhập bet88 advise competent authorities đăng nhập bet88 have specific mechanisms and policies for the project," Minister Dien emphasized.

The Import-Export Department under the MOIT basically supports the investment policy of Syre Group đăng nhập bet88 strengthen the development of supporting industries for the textile and garment sector within the framework and regulations of the law, according đăng nhập bet88 the minister.

Mr. Pham Anh Tuan, Chairman of Binh Dinh Provincial People's Committee, emphasized that Syre Group's project is of great significance in making Vietnam a global circular textile and garment industry center, creating many jobs and contributing đăng nhập bet88 the green economy.

Therefore, Binh Dinh Provincial People's Committee proposed the MOIT đăng nhập bet88 support the project, providing favorable regulatory conditions for importing scrap fabric, ensuring a stable source of raw materials for the project.