Pile corp up stake in Phan Vu

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VietnamPlus English - 72 month(s) ago 7 readings

Japan Pile Corporation has increased its stake in Phan Vu Investment Corp to 30 percent from its first investment of 5 percent in 2010.

According to the chairman of Phan Vu Corp, Phan Khac Long, a 10 million USD project on a new foundation pile will begin in October, using Japan Pile’s advanced technology that is good for soft soil terrain.

Phan Vu runs six plants in the provinces of Hai Duong, Quang Ngai, Dong Nai, Binh Duong, Can Tho and Long An, targets this year’s turnover at a minimum of 800 billion VND ( 38 million USD), up 15 percent over 2011.-VNA

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