Tay Ninh (VNA) – The Lavifood Joint Stock Company held a ground breaking ceremony for its agricultural product processing factory in Go Dau district of the southwestern province of Tay Ninh on May 2.
Covering 15ha, the Tanifood factory is being built with total investment of 1.5 trillion VND (about 66 million USD). Its products, including processed fruits and canned juice, will be shipped to American and European countries, the Republic of Korea, Japan and Australia.
The factory is expected to begin operation in late 2018, said Pham Ngo Quoc Thang, General Director of Lavifood. It is capable of processing 500 tonnes of local fruits per day, helping to reduce losses after harvest and raise incomes for local farmers.
Pham Van Tan, Chairman of the provincial People’s Committee, said that leaders of the province have studied agricultural development and conducted market research in countries like the US, Japan and the RoK.
The factory will be promptly contribute to sustainable economic development of Tay Ninh province, he added.-VNA