Kim Tin Group and CFL Flooring Limited Company (Kingdom of Belgium) will jointly invest in a flooring manufacturing plant based on modern European technology in Dong Phu District, Binh Phuoc Province.
Kim Tin Group has just signed a cooperation contract with CFL Flooring Limited (Kingdom of Belgium) – the world’s leading flooring manufacturer on the morning of November 16, 2018.
With a team of qualification and experienced personnel in flooring and the brand value – quality that has been built in the international market over the past time, CFL commits to work with Kim Tin Group, carry out technology transfer and comprehensive cooperation in flooring production and trading to serve the domestic market and export.
According to the signed agreement, the two parties jointly invested in a factory producing flooring with modern European technology in Dong Phu district, Binh Phuoc province with an area of up to 4 hectares; the investment value is more than VND 300 billion, the estimated capacity is 4 million m2 of flooring boards / year. We expect the product to be launched in the first quarter of 2019, with sales of over 800 billion / year.
The cooperation between the two leading plank-making companies, Kim Tin Group and CFL Flooring Limited, is important in expanding and increasing the value chain of wood products and post-wood products of Kim Tin Group in particular and Vietnam’s wood industry. This cooperation will create jobs for over 200 laborers of Binh Phuoc province, contributing to promoting socio-economic development.