Kraig Biocraft Laboratories Secures Investment Approval in Vietnam, Expanding Silk Fiber Operations

March 12, 2025

Lâm Đồng, Vietnam, Mar 12, 2025 (247marketnews.com)- Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) has taken another major step toward expanding its recombinant spider silk production by securing an approved investment project in Vietnam’s Lâm Đồng province. The initiative, officially valued at 20 billion VND (approximately $800,000), marks a strategic move to solidify the company’s presence in the global silk supply chain.

Non-budget capital investment projects have been creating a driving force for Lam Dong province to develop in many aspects. Photo: Huu Long

The news was covered in today’s edition of Lao Đồng news at https://laodong.vn/kinh-doanh/lam-dong-thu-hut-duoc-2-du-an-dau-tu-hon-1300-ti-dong-1475743.ldo.

A Milestone for Kraig Labs in Vietnam

On February 13, 2025, Lâm Đồng’s Department of Finance confirmed that Kraig Labs received approval for a silk fiber export purchasing project. This investment is part of the province’s broader economic development efforts, which attracted over 1,304 billion VND ($52 million) in new investment projects over the past two months.

Tôn Thiện San, Director of the Lâm Đồng Department of Finance, emphasized the importance of foreign investment in the region, “The off-budget investment projects that have been and are being implemented have significantly contributed to infrastructure development, increasing budget revenue, creating jobs, and driving economic and social growth in the province.”

For Kraig Labs, this investment represents a critical step toward scaling its operations and securing a steady supply of high-quality silk fibers for commercial production. Vietnam’s well-established silk industry, combined with the government’s commitment to fostering foreign investment, positions the company for potential long-term growth in the region.

BAM-1-Silkworms from recent production run

What This Means for Kraig Labs Investors

This development holds several key implications for Kraig Labs and its shareholders:

  • Operational Expansion – With government backing, Kraig Labs can more efficiently integrate Vietnamese silk production into its supply chain, potentially reducing costs and increasing output.
  • Regulatory Stability – Having secured official approval, the company now operates with greater legal and logistical security in Vietnam, mitigating potential geopolitical risks.
  • Commercial Growth Potential – The project could pave the way for additional investments, partnerships, or even larger production facilities in the future.

Vietnam has long been recognized as a hub for silk production, and Kraig Labs’ presence in Lâm Đồng signals its intention to leverage the region’s expertise and infrastructure to advance its proprietary spider silk technology.

Looking Ahead

With this investment, Kraig Biocraft Laboratories is positioning itself to execute on its commercialization strategy, addressing past production bottlenecks and scaling up its silk fiber output. As the company works to expand its market presence, investors will be watching closely for further updates on production milestones and potential partnerships.

Given the company’s ambitious vision for bringing recombinant spider silk to market, this latest development in Vietnam could be a turning point in its journey toward full-scale commercialization.

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