On September 7, Mr. Dang Vinh Son, Head of the Management Board of Binh Dinh Economic Zone, announced that they have granted an investment registration certificate to Future Enterprises Pte. Ltd. (Singapore) for the construction of an instant freeze-dried coffee production plant.
The project will be located on a 71,000 square meter area within the Becamex Binh Dinh Industrial Park in the Nhon Hoi Economic Zone, Canh Vinh commune, Van Canh district.
With a total investment of over VND 2,000 billion and a capacity of 5,400 tons per year, the project is expected to operate until August 2070.
According to the timeline, from now until February 2025, the project will complete the necessary investment procedures. The construction of factories, offices, and other facilities will take place from March 2025 to March 2027. Finally, from April 2027 to January 2028, the investor will complete the construction, prepare the infrastructure, and install machinery and equipment for official operation.
The investor is responsible for implementing the project in accordance with the committed objectives and content, as well as the provisions of the investment registration certificate. They must also comply with relevant laws and regulations regarding construction, land, environment, labor, business registration, investment registration, and other applicable laws during the project implementation process.