Kraig Biocraft Laboratories, Inc. is the leading developer of genetically engineered spider silk based fiber technologies. The Company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry has identified and selected Quang Nam province for its operational headquarters in Vietnam.
This location was selected based on a series of productive and successful meetings between representatives of Kraig Labs, provincial leaders, and local silk experts.
This area provides a vast supply of skilled workers, close proximity to mulberry fields, and easy access to international air and sea ports.
The company plans for this facility to be used for the first shipment of the Company's transgenic silkworm technology into Vietnam.
COO Jon Rice said that identifying their corporate headquarters was an essential part of their application to import their silkworm into Vietnam.
In addition to progress made in securing a new Vietnamese headquarters the Company has also been working with local experts to prepare a master plan for the 50 hectares dedicated to this project. The Company expects to review those plans in the coming weeks.
With this location finalized they are now preparing the final importation documents for submission in order to obtain approvals to begin work with their hybrid silk technology in Vietnam.
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