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
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Famous quotes containing the word plant:
“The student of Nature wonders the more and is astonished the less, the more conversant he becomes with her operations; but of all the perennial miracles she offers to his inspection, perhaps the most worthy of admiration is the development of a plant or of an animal from its embryo.”
—Thomas Henry Huxley (1825–95)