04:08, 04/08/2016

Target at high growth rate in 5 coming years

In 5 years to come, Khanh Hoa Salangane Nests Company will keep investing and expanding production to serve domestic and overseas markets.

In 5 years to come, Khanh Hoa Salangane Nests Company will keep investing and expanding production to serve domestic and overseas markets.
 
According to the company’s leadership, in the period of 2016 -2020, the company will carry projects for its main production and trade with an aim to develop sustainably, and raise production quality and competitive competence.  Specifically, the company will invest in infrastructures and technologies in cages and islands, expand operation scale and equip more production lines to raise productivity. In addition, the company also will invest in projects for social security, sea – island tourism, Song Cau Industrial Group, etc.
 

 

Processing salangane nests
Processing salangane nests
 
Deputy director of the provincial Department of Planning and Investment Nguyen Van Nhut assessed that the plan of Khanh Hoa Salangane Nests Company for the period of 2016 – 2020 has set specific targets and put forward many projects to develop. For example, a salangane nest processing plant will be built in Ninh Hoa Town to serve the demand for refined salangane nests and create more jobs for local laborers. As planed, the project will be executed in 2016 and finished in 2017 with total investment of over VND75 billion. The company also plans to build a showroom and a restaurant in Ninh Hoa with total expenditure of VND43 billion. In Song Cau Industrial Zone, a pharmaceutical product and cosmetics beauty product factory will be built up with about VND90 billion in investment. The factory is expected to start construction in 2018 and start operation in 2020. Besides, there will be an institute producing functional food and skin food for women. Moreover, the company will pour VND120 billion to set up a salangane nest trade village, VND90 billion for infrastructures and technologies on salangane islands.
 
According to General director of Khanh Hoa Salangane Nests Company Nguyen Anh Hung, the company plans to invest in a lot of works with an aim to reach high growth rate in the coming time. For the period of 2016 – 2020, total turnover is expected to reach a growth rate of 5%/year; delivery to the State budget: 5%/year up; industrial production value: 10%/year up, profit: 5%/year up. Total turnover of the company in 2016 is estimated to be VND4,450 billion, and the figure will rise to VND5,650 billion. The company is expected to deliver VND454 billion in 2016 and VND580 billion in 2020 to the State budget.
 
Van Ky
Translated by T.T