Vinamilk licensed for milk factory in Cambodia
Vinamilk licensed for milk factory in Cambodia
The Ministry of Planning and Investment has granted an investment license to the Viet Nam Dairy Products Joint Stock Co (Vinamilk) to build a dairy product processing factory in Phnom Penh, Cambodia.
The announcement came on Monday during an event held under the Viet Nam – Cambodia investment co-operation conference chaired by Cambodian Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Tan Dung.
Vinamilk's dairy product processing factory project located in a special economic zone will be implemented in cooperation with Cambodia's Angkor Dairy Products Ltd Co, a subsidiary firm of Cambodia's RSMK Group and the American Independent Business Association.
The factory, covering an area of nearly 30,000sq.m, has total investment capital of $23 million of which Vinamilk has contributed 51 per cent. The factory will have a capacity of over 19 million litres of liquid milk per year, 64 million yogurt pots and 80 million condensed milk cans.
vietnamnews