Kia Plant
Since 2001, Kia Motors has manufactured automobiles at its Chu Lai Plant as part of a joint ventured with Truong Hai Automobile Co. The site covers 320 hectares (790 acres), and Truong Hai was the first private company in Vietnam to manufacture automobiles, and the first to achieve an annual output of 5,000 automobiles. The facility expanded in 2003 on 38 hectares (94 acres) in Tam Hiep Industrial Park with an investment of VND1,900 billion. In 2007, Truong Hai Automobile Co. Ltd became Truong Hai Automobile Joint Stock Company (Thaco), with automobiles marketed as Thaco-Kia.
Coordinates: 15°24′44″N 108°42′16″E / 15.412275°N 108.704478°E / 15.412275; 108.704478
Read more about this topic: Chu Lai
Famous quotes containing the word plant:
“Evolution was in a strange mood when that creation came along.... It makes one wonder just where the plant world leaves off and the animal world begins.”
—John Colton (18861946)