Vietnam has the fifth biggest soybean milk plant
Spanning 60,000 square metres, the plant is capitalised designed capacity of 1 billion cartons per year and equipped with synchronous and automatic equipment from Sweden’s Tetra Pak group.
Ngo Van Tu, Quang Ngai Sugar Joint Stock Company’s director, said the new plant would help create over 200 direct jobs for local people.
The second soybean plant after Quang Ngai Sugar Joint Stock Company’s first one in central Quang Ngai province is targeted to complete the first phase and come into operation in May, 2013, becoming one of five biggest soybean processing plants in the world.
The investment capital until the first phase would be VND650 billion ($31 million), said Tu.
Founded in 1962, Quang Ngai Sugar Joint Stock Company includes 14 local member companies specialised in food and beverages. As of 2011, Quang Ngai Sugar Joint Stock Company generated revenue of VND4,300 billion ($2 billion) and is ranked at top 500 biggest enterprises in Vietnam.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- Mitsubishi Estate launches Logicross Hai Phong - a milestone in logistics evolution (November 20, 2024 | 14:32)
- Semiconductor workforce partnerships deliver industry-relevant training (November 20, 2024 | 10:58)
- German Quickpack to invest $31.7 million in Long An province (November 20, 2024 | 09:31)
- Foreign-invested enterprises drive logistics investment in the southeast region (November 20, 2024 | 09:27)
- Chile visit underscores trade benefits (November 19, 2024 | 10:00)
- Trump’s second term impacts sci-tech activities and industry 4.0 technologies (November 18, 2024 | 10:00)
- Vietnam eyes nuclear revival to bolster energy security (November 14, 2024 | 16:46)
- Kyokuyo completes $13.5 million seafood factory in Vietnam (November 14, 2024 | 12:19)
- VinFast receives $3.5 billion funding from Vingroup and Pham Nhat Vuong (November 14, 2024 | 06:38)
- Localities sprint to reach FDI targets (November 13, 2024 | 10:00)
Mobile Version