Miza Joint Stock Company effectively promotes investment capital for environmental protection activities

With the viewpoint and clearly defined goal of collecting and processing waste paper in Hanoi City, contributing to cleaning the environment and recycling packaging paper products for the tea packaging industry n nationwide. Over the years, Miza Joint Stock Company has constantly invested, expanded and developed, ensuring profitable production and business activities, creating jobs and income for employees; meeting the requirements of environmental protection work, contributing to local socio-economic development.

It can be said that in the early years of waste paper recycling, with a small capacity line and old technology, Miza Company faced many difficulties to be able to achieve the set goals. in which there are especially difficulties in capital. In 2012, when it was learned that the Hanoi Environmental Protection Fund (now the Hanoi Development Investment Fund) had a financial support program for projects to overcome environmental pollution and solve local environmental problems affecting to the general environment in Ho Chi Minh City. Seeing that this program is in line with the strategic objectives, the Company has approached capital and received financial support from the Fund, Initially, the Company was granted a loan of VND 10,179 billion. With this preferential capital, the Company focuses on investing in upgrading the system of machinery and equipment lines and completing the wastewater treatment system, stabilizing production and profitable business. creating jobs for more than 50 employees with good incomes.

From the efficiency of using capital flow in phase I, in 2015, Miza Joint Stock Company has boldly invested in expanding the production of line 2 with leading advanced technology in the Northern provinces. has an automatic quality control system and a processing capacity of 150 tons of waste paper/day, and a standard wastewater treatment system. Along with the trust, companionship and help of the Hanoi Environmental Protection Fund, the Company received a preferential loan of VND 88 billion to implement the project. By March 2017, the Company's line 2 was officially put into operation. increasing the capacity of the factory from 7,500 tons/year to 40,000 tons/year; Revenue in 2012 was only 47 billion VND, in 2016 it was 114 billion VND, in 2017 it was 270 billion VND and it is expected that in 2018 it will reach 625 billion VND. If in 2012, the Company paid the state budget with only 70 million VND, by 2017 the Company had paid more than 11 billion VND to the state budget, creating  jobs for 130 employees with an average income of nearly 7 million VND/month.

Thanks to access to the Fund's loans, the Company's production and business activities have developed continuously, the business is profitable, the level of contribution to the budget is increasing, creating more and more jobs for workers. Along with that, the Company initially processed a relatively large volume of waste paper due to production - business activities and daily life discharged into the environment for recycling, limiting deforestation activities using wood as raw materials for paper production, etc. limit adverse impacts on the living environment of the Capital. At the same time, the Company has also contributed positively to the socio-economic development of Dong Anh district in particular and of Hanoi city in general.

Wastewater treatment system meets environmental standards of Miza Joint Stock Company

Following the successes, in 2018, Miza Company will continue to improve the technical infrastructure of the factory, especially investing in upgrading the wastewater treatment system to improve treatment efficiency. recycle and reuse up to 90% of wastewater, saving water resources of about 8,500m3 of clean water/month. The company is also researching and investing in a nylon recycling system, which is waste generated in the process of recycling waste paper, creating plastic products with an expected capacity: 2,500 tons/year, contributing to environmental protection; Research on the project of producing biodegradable bags that do not harm the environment... These projects are expected to be implemented in 2018 with a total investment of about 40 billion VND, of which the proposed loan from the Hanoi Development Investment Fund is 28 billion VND. In order for the Company's programs and plans to be implemented, we are looking forward to continuing to receive companionship, attention, help, and investment in preferential loans from the Fund. 

According to the director of Miza Joint Stock Company Nguyen Tuan Minh: "For enterprises with projects that use capital effectively, the Fund should also have a more flexible and appropriate mechanism such as: Loan capital structure to reduce difficulties for businesses; using abundant and flexible forms of collateral, increasing trust to reduce the ratio of collateral; ensure the disbursement schedule according to the project schedule; reduce the lending interest rate compared to the current time... to support and help businesses develop day by day. Especially creating an important highlight in promoting the effectiveness of investment capital for environmental protection of the Capital".

According to the Natural Resources and Environment Magazine "http://vnmonre.vn/cong-ty-co-phan-miza-phat-huy-hieu-qua-nguon-von-dau-tu-cho-hoat-dong-bao-ve-moi-truong"