VNM to build $120m Milk Plant in Binh Duong

Vietnam Dairy Products JSC. (VNM) on August 6 kicked off construction on the Vietnam Milk factory with an investment of $120 million, it said in a filing posted on the Hochiminh Stock Exchange’s website on August 9.

The factory is built on an area of 20 hectares in My Phuoc industrial zone, Binh Duong Province. It will produce 400 million litres per year initially and up to 800 litres per year to meet the demand for expansion in the southern area in the next five years

The milk factory is expected to be used by the end of 2012.

Tags: Vietnam Dairy sector, Vietnam milk factory, Vinamilk

Posted by VBN on Aug 10 2010. Filed under Food & Beverage. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry