The certificate was granted to Rio Quang Nam Fibre Production Co, Ltd from the Republic of Korea (RoK).
The factory will specialize in producing polyester a variety of other kinds of industrial sewing threads.
It has a design capacity of 4.440 tonnes of product per year and is scheduled to be operational by March 2015.
Speaking of the event, Kim Keun Choong, president and general director of the company, revealed that with the procurement of the investment certificate, the project has been put on the fast track to get it up and running as quickly as possible.
