Groundbreaking ceremony of the investment project of Great Market Global Vietnam Company Limited

On the morning of November 21, 2024, INVESTCORP CREATION JSC. and INVESTCORP 15 JSC. – the two companies under INVESTCORP Group solemnly held the Groundbreaking ceremony of the investment project of Great Market Global Vietnam Company Limited at Lot CN1, Road D-6A Bao Minh Industrial Park, Vu Ban District, Nam Dinh Province.

Attending the ceremony were representatives of the Investor including senior leaders from Jasan Group - China and leaders of Jasan Group’s subsidiaries in Vietnam, representatives of Bao Minh IP Management Board - Board of Directors of Bao Minh IP Infrastructure Investment Joint Stock Company, representatives of the General Contractor - Board of Directors of INVESTCORP Group and invited guests, staff of the Investor, staff of the General Contractor.

The investment project of Great Market Global Vietnam Company Limited is the 4th project of Jasan Group in Vietnam in the knitting industry with a total investment of nearly 1,000 billion VND. The project specializes in producing middle and high-end socks, spandex yarn and dyed yarn with a scale of 65,000,000 pairs of socks per year, 4,000 tons of spandex yarn per year and 18,000 tons of yarn (equivalent to 4.5 million square meters of yarn) per year.

With a total area of about 101,161m², the project is designed to include many factories and functional houses with convenient entrances and exits, convenient import and export routes. The office building and the rest house between shifts are arranged separately, creating a quiet space and a prominent design, different from the production facilities, creating a unique feature and highlight in the overall layout of the entire factory. Auxiliary items such as canteen, parking, security house etc. are arranged in convenient locations for use and control of vehicles entering and exiting. Over 48% of the land area is used for green trees, ensuring environmental safety, increasing aesthetics and creating a relaxing space for staff.

The investment project of Great Market Global Vietnam Company Limited is expected to be completed in October 2025 and officially put into operation in December 2025.
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