VNM to build $120m Milk Plant in Binh Duong
11/08/2010 09:01 am
News - 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.
Source: TBKTVN
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