Gia Lai Invest

Vinanutrifood makes new investment in Binh Dinh with a value of nearly VND 500 billion

23/01/2024

Binh Dinh Provincial People's Committee has recently approved the investment policies and the investor for Vinanutrifood Binh Dinh Joint Stock Company (belonging to Vietnam Organic Nutrition Food Joint Stock Company - Vinanutrifood) to be the investor of the agricultural and forestry product production and processing area.

The project is implemented in village 2, Binh Nghi commune, Tay Son district, Binh Dinh province on 10 hectares. The project's goal is to produce and process agricultural and forestry products, including animal feed, canned fruits, soluble fruit, functional food and cosmetics. The project capacity includes animal feed of 10,000 tons/year, canned fruit 20,000 tons/year, soluble fruit 1,000 tons/year, functional food 2,000 tons/year and cosmetics 5,000 m3/year. It has total value of more than VND 495 billion and is expected to be completed and put into operation in the fourth quarter of 2027.

Vinanutrifood Company's decision to invest in a concentrated agricultural and forestry product production and processing zone project in Binh Dinh is a positive signal, showing the interest of great investors in the province. This is a large-scale, breakthrough project, using advanced technology, creating high-quality products that meet market needs. This project, when going into operation, will contribute to promoting the development of agriculture, forestry, and processing industry, creating jobs and income for local people, improving the value of agricultural and forestry production and the province's socio-economic development goals.

From the beginning of the year until now, Binh Dinh has attracted 5 new projects with a total registered value of more than VND 1,400 billion. The fact that Binh Dinh has recently attracted many investment projects is a positive sign, showing that the locality is becoming an attractive destination for investors. It is the result of Binh Dinh province's efforts in improving the business investment environment and enhancing its competitiveness.

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