Foreign food company takes off in Binh Duong province
Sukmono Vietnam, a subsidiary of Netherlands-based ready meals producer PadifoodGroup, last week started construction of the Jimmy Hung Anh factory in southern Binh Duong province.
The factory, located in the province’s Bau Bang Industrial Zone, is capitalised at VND100 billion ($5 million) and had an initial designed capacity of 8,000 tonnes of products per year.
After taking two years to go into operation, it will increase the capacity to 60,000 tonnes per year.
At first, all its instant food products such as noodles, vermicelli, instant gruel and other rice-originated nutritional food products will be exported to European market with targeted export value up to $20 million per year.
The project is expected to create employment for around 500 local workers after going on completion by second quarter of 2011.
At the end of next year, four more food processing lines with investment capital of $2 million will be supplemented to current two ones.
Over the past 20 years, Padifood has grown from an exclusive Chinese-Indonesian restaurant into a highly professional producer of traditional Asian dishes.
With this factory in Vietnam, the firm has three food factories besides those in the Netherlands and China.
“Binh Duong province was chosen to establish our location because of its good infrastructure, transportation systems and local authority policies which contribute to decrease costs of construction and operation,†said Sukmono Vietnam general director Ngo Thuy Hang. – VIR
Tags: Sukmono Vietnam