The factory with a total investment of more than 84 million USD is located in the Protrade International Industrial Park in An Tay commune, Ben Cat town. (Photo: VNA) Binh Duong (VNA) – The ILD Coffee Vietnam Ltd Companyon September 29 inaugurated its freeze-dried instant coffee factory with anannual production capacity of 5,600 tonnes in the southern province of BinhDuong.
The factory with a total investment of more than 84 million USD is located in the Protrade International Industrial Park in An Taycommune, Ben Cat town.
It using modern extraction andfreeze-drying technology is installed production equipment designed tominimise impacts on the environment.
Coffee is one of Vietnam's key industrial crops. Every year,Vietnam exports over 1.1 million tonnes of coffee bean, mainly Robusta, tonearly 100 markets. Most of Vietnam’s exported coffee is raw,unprocessed so its added value is modest.
The instant coffee factory is expected toincrease the added value of the products and incomes for coffee growers.
Speaking at the inauguration ceremony, Nguyen Van Danh, ViceChairman of the Binh Duong provincial People's Committee, affirmed the province will create favourable conditions and promptlyresolve difficulties for investors in Binh Duong and ILD CoffeeVietnam in particular so that they can operate effectively.
As of September 15, the province attracted 4,166 investmentprojects from 65 countries and territories with a total registered capital ofmore than 40.2 billion USD. It currently ranks 2nd in the country in attractingforeign direct investment (FDI), after Ho Chi Minh City.
In the first nine months of 2023, the province attracted a totalinvestment of nearly 1.3 trillion USD./.
