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.
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