CORONET VIETNAM PROJECT

Coronet SPA (Italy) has registered to establish Coronet Vietnam Co. Ltd to deploy a synthetic leather manufacturing factory in Giao Long IZ - Ben Tre. The project posses USD 16 million in capital and a leased space of about 3 ha. Estimated, phase 1, official production will be launched in Dec 2014. In stable operation, the factory gains 1.800.000m of synthetic leather/year. Products are mainly sold in the Vietnam market, shoes, and leather producers exporting to Europe and the US.

Seizing in front of the trend "movements of material manufacturing factories for textile and leather industries from China to Vietnam" to obtain import tax exemption for goods exporting to Europe and US markets. BMB has contacted from the beginning, and Coronet is the one. BMB undertook the project deployment with 16.000m2 consisting of Factory, warehouse, material warehouse, pipe bracket systems for equipment M&E. From the beginning to the finish as the Architec designs, the deployment of detailed designs, designs approved by BUREAU VERITAS, carrying out works, and finishes under project quality management by BUREAU VERITAS.