A ground-breaking ceremony was held in Hoa Phu Commune in Ho Chi Minh City's suburban district of Cu Chi on Tuesday to build a kindergarten for about 400 children.
The school will occupy a plot of around 6,000 square meters of which more than 1,600 square meters will be used to construct a two-floor building with 12 classrooms, halls and other spaces with a total built up area of almost 3,000 square meters.
Cao Thi Gai, Vice Chairwoman of the People's Committee of Cu Chi District, said, the construction and equipment will cost VND26 billion (almost US$1,250,000), which will be funded by Taiwanese company, Formosa Industries Corporation, and the Taiwan Red Cross.
Gai thanked the sponsors and relevant city agencies, including Ho Chi Minh City Union of Friendship Organizations and the Department of Planning and Investment, for their support for the project.
"When finished, Hoa Phu Kindergarten will meet national standards of school facilities, making it possible for more than 400 children in Hoa Phu and neighboring communes to enjoy the best possible learning conditions," she said.
Formosa Vice President Rong Jang Huang said, "We understand that each child is a hope for the future of the whole country and a treasure for their parents.
"The new kindergarten will be a start for kids. It will not only be a place for them to play and learn, but also a second home where they can grow up happily."
Huang said Vietnam now holds a significant position in the region and Formosa is honored to lend a hand to improve the education system in Vietnam.
Formosa Industries Corporation on Tuesday also participated in a ceremony that celebrated the completion and handing of 80 houses over to as many poor households in 16 communes in Cu Chi District. The Taiwanese company funded construction of the houses, each of which was built at a cost of VND25 million.