$46.5m shrimp processing plant to open soon

Minh Phu Seafood Company has announced that the VND1 trillion (US$46.5 milllion) Minh Phu-Hau Giang plant will go into operation in April.

The plant is expected to process 40,000 tonnes of processed shrimp per year.

Le Van Diep, deputy director of MPC, said the plant will use the latest technology to reduce production costs.

MPC exported 1,662 tonnes of shrimp in 2010 and reached an export turnover of $19.8 million, a year-on-year increase of 70.16 percent in volume and 106.23 percent in value.

Posted by VBN on Feb 15 2011. Filed under Sea food. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry