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The Kinh Do Confectionery
Corporation, will invest 660 billion VND (41 million USD) in building
two new factories in the Viet Nam-Singapore Industrial Park, southern
Binh Duong province.
Covering a total area of 13
ha, the factories, expected to be the largest and most modern in
Southeast Asia, is scheduled for operation in the first quarter of 2008.
They will raise the
total factories under the Kinh Do confectionery system to seven.
Once operational, the two
factories will turn out new and high-quality products, meeting the
domestic demand and for exports.
This will be the
corporation's important progress when Viet Nam joins the World Trade
Organisation (WTO).
Kinh Do is a
Vietnamese manufacturer of confectionery, bread, biscuits and snacks
with over 200 distributors and 200,000 retail agencies nationwide. |