This update follows the working session between Binh Dinh provincial authorities and Food Empire Holdings Group (Singapore) during their investment exploration trip to build an export-oriented instant coffee processing plant in Binh Dinh last June.
Mr. Amrish Rungta, Vice Chairman of Food Empire Holdings Group (right) at the working session with Binh Dinh Provincial People’s Committee
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The project, a freeze-dried instant coffee manufacturing plant, is registered by Future Enterprises Pte. Ltd. with a total investment of over VND 2,000 billion (equivalent to 80.74 million USD) in Becamex Binh Dinh Industrial Park, with an expected processing capacity of 5,400 tons of coffee per year. According to the plan, the project will be completed and officially put into operation in January 2028.
Once operational, the project is expected to create numerous job opportunities for locals and boost the provincial economy, contributing to the development of the processing industry and enhancing the competitiveness and export of value-added agricultural products. This project marks an important milestone in attracting FDI to Binh Dinh Province during the acceleration phase this year.
From the beginning of the year until now, the province has attracted 40 investment projects with a total investment of nearly VND 7,000 billion. The province is currently focusing on improving infrastructure and incentive policies to attract more foreign investors from countries with developed industries.
In addition, the province is also promoting investment promotion activities in foreign markets. From now until the end of the year, Binh Dinh Province is expected to organize investment promotion programs in Singapore, Australia, UAE, France, and Sweden to continue inviting potential investors to key projects in the province.
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