
Accordingly, 5 enterprises and production facilities are supported by local industrial promotion funds this time, including: Kinh Thanh Stainless Steel Company Limited, FuJa Food Joint Stock Company - specializing in health soup products (both in Hoa Khanh ward), STCO Food Company Limited (specializing in exported instant pho products, Hoa Tien commune), Viet - Czech Joint Stock Company (producing wooden furniture equipment, Cam Le ward) and Asia Green Trading and Production Joint Stock Company (producing air duct accessories, air vents, Hoa Xuan ward).

The total investment cost for machinery renovation at the units is more than 5 billion VND, of which the industrial promotion fund supports more than 1.6 billion VND, the rest is counterpart capital from enterprises.
Beneficiaries have invested in and innovated new production machinery systems and piloted cleaner production in industry, helping to increase finished product production capacity, ensure better product quality, and save energy.

The industrial promotion program also helps businesses improve production processes, enhance competitiveness, expand scale and consumption markets, and make an important contribution to economic development and rural economic transformation in the locality.
Source: https://baodanang.vn/nam-doanh-nghiep-da-nang-duoc-ho-tro-h-on-1.6-billion-dong-doi-moi-cong-nghe-va-san-xuat-sach-hon-3305581.html
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