Business

Nestle sets up 37 mln USD production facility in Dong Nai

Nestle last week inaugurated a 37 million USD production facility at its Binh An factory in the southern province of Dong Nai’s Amata Industrial Zone.
Nestle last week inaugurated a 37 million USD production facility at itsBinh An factory in the southern province of Dong Nai’s AmataIndustrial Zone.

The facility is dedicated to meeting thegrowing demand for MILO RTD (Ready-To-Drink) products in Vietnam,said Wayne English, Chairman and CEO of Nestle Indochina.

It is part of the company’s strategy to further strengthen its presence in the growing nutritional beverage sector, he added.

With this project, Nestle increased its investment in Vietnam to 450 million USD with three factories in Dong Nai province.

In addition, the company also has two La Vie fresh water factories in southern Long An and northern Hung Yen provinces.-VNA
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