Another RoK firm invests in Yen Phong Industrial Park

Yen Phong Industrial Park in northern Bac Ninh province. (Photo: viglacera.com.vn)

 A food processing and beverage factory invested by an enterprise from the Republic of Korea (RoK) will start operations in the third quarter of 2016 in Yen Phong Industrial Park in northern Bac Ninh province.

Viglacera Corporation – the owner of the industrial park - unveiled that Viglacera Real Estate Company has signed a contract to lease 66,000 sq.m to the Ottogi Vietnam Co., Ltd, who will established a 10 million USD food processing and beverage factory in the industrial park.

Viglacera Corporation pledged to create favourable conditions for the Ottogi Vietnam Co. Ltd, to begin operations as schedule.

Ottogi Vietnam is a member of Ottogi Co., Ltd, a leading food company in the RoK. The company manufactures more than 2,000 items, ranging from ready meal to canned tune as well as condiments.-VNA