Vinamilk readies for expansion
Vinamilk readies for expansion
The Viet Nam Dairy Products Joint Stock Company (Vinamilk) will start construction work on two of the biggest dairy plants in the country in the second quarter of this year.
The company’s public relations director Bui Thi Huong told Viet Nam News that the work, estimated to cost nearly VND4 trillion (US$200 million), is part of the company’s ambitious expansion project.
The first plant will be in the southern province of Binh Duong with a capacity of 400 million litres of fresh milk a year in its first phase – equivalent to the current accumulated capacity of Vinamilk’s nine plants nationwide.
The second plant, which will be constructed at Viet Nam-Singapore Industrial Park, will focus on producing high-quality powdered milk (Dielac) with annual capacity of 54,000 tonnes each year. “The mega project will bring us a turnover of $3billion per year and rank the company in the list of World’s Top 50 dairy businesses by 2017,” Huong said
