Formosa invests in building wastewater treatment system and employees’ apartment block with the total capital of 26 million USD.

provincial Leaders  was visiting a control room of the power plant in FIC-VN.

Mr. Ven Jiao Wong, General Director of Hiep Hung Formosa Company Ltd, reported to the provincial leaders on company’s business since it was officially launched last year. At present, the following plants have come into operation namely power, textile, polyester, spinning, yarn and fibre facilities etc. Up to now, turnover of the company has reached US$ 3.5 millions. It will hit its goals of US$ 220 million in 2005 and US$ 320 millions in 2006. FIC-VN capitalized at US$ 20 millions to build a wastewater treatment system and another US$ 6.25 millions to construct apartment building for the company employees. The building has 9 floors with its total rooms of 343. It is providing accommodation for 2,060 people. Each room with its area of 24 square meters is furnished with bunk beds for 6 people and wardrobes, tables and reading-lamps for individuals. In addition, the building is equipped with an elevator. There are washing area, bathrooms with supplied hot water all day, a reading-room, a room for watching TV, a billiard room for males and a ping-pong room for females every floor in the building. On the ground floor, there are a canteen, a grocery, a post-house, banking service, male and female barber-shops. This is the first FDI firm that takes the initiative in building apartment block with its comfortable rooms for providing accommodation for their employees.

"The power plant is supplying to both of the company and the national power network with its capacity of 42MW. The company, however, is still short of water. Therefore, the provincial waterworks should take care our problem and settle it as soon as possible. At the same time, the local authorities will allow our company to expand further an area of 300 hectares", said Jiao Wong.

Tran Dinh Thanh, the provincial party committte secrectary highly appreciated FIC-VN’s efforts in promoting their project rapidly, environmental protection and looking after the employees’ living conditions. Besides, he promised that the province would consider their proposals and look for the most sensible way for settling their problems as soon as it could.  

(Source Dong Nai Newspaper)