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Provincial People's Committee Pham Anh Tuan (left) grants the Investment Registration Certificate to Mr. Tan Wang Cheow (right)

The ceremony was attended by the representatives of the Provincial Economic Zone Administration and concerned departments of Binh Dinh Province and representatives of Becamex Binh Dinh Joint Stock Company. On the side of Food Empire Holdings Group (Singapore, Mr. Tang Wang Cheow, Chairman of the Group, Ms. Pham Thi Hong Lam, General Director of Indus Coffee Vietnam Company Limited also attended the event.

The Freeze-dried Instant Coffee Factory Project was granted an Investment Registration Certificate by the Economic Zone Administration to Future Enterprises Pte.ltd under Food Empire Holdings Group on September 6, 2024. The project has a registered value of more than VND 2,000 billion (equivalent to USD 80.74 million), to be constructed on an area of ​​7.1 hectares in Becamex VSIP Binh Dinh Industrial Park, Canh Vinh Commune, Van Canh District. According to the plan, the project will be completed and officially put into operation in January 2028. The factory will apply advanced freeze-drying technology, preserving the flavor and quality of coffee. The goal of the project is to produce and export freeze-dried instant coffee, with a capacity of 5,400 tons of products/year.

Speaking at the ceremony, Mr. Tan Wang Cheow, Chairman of Food Empire Holdings, briefed on the corporation profile, which is specialized in the production of beverages, instant coffee, and convenience foods consumed in more than 60 countries around the world. Mr. Tan Wang Cheow also shared the information, "We hope that with the corporation's contribution, Binh Dinh province will become an ideal investment destination for international investors as well as Singaporean investors."

The leaders of Binh Dinh province emphasized the importance of the project to the sustainable development of the province and pledged to create all favorable conditions for the corporation to successfully implement the project. The Chairman of Binh Dinh Provincial People's Committee expressed his joy and asserted that the project was the great result of the working session between Binh Dinh provincial authorities and Food Empire Holdings during a business trip to seek investment opportunities to build an instant coffee processing factory for export last June.

The representatives of the Singaporean enterprise also expressed their confidence in Binh Dinh's investment environment and their desire for long-term cooperation. The corporation decided to invest in Binh Dinh because the province has an important economic geographical position, is the center connecting coffee raw material areas of the whole country, has a synchronous transportation system connecting different areas, has an airport, a seaport, convenient for transporting import and export goods.

According to the Chairman of Binh Dinh Provincial People's Committee, with the investment of Becamex Corporation, Van Canh district’s master plan orients the district to become an "industrial city" with Becamex Industrial Park as its core. The smart urban - service and industrial park shall welcome investment from many large countries.

Leaders of Binh Dinh Provincial People's Committee presents flowers and congratulates Food Empire Holdings

The freeze-dried instant coffee factory project is not only an important step in increasing the added value of the province's coffee products but also an evident of the effective cooperation between Binh Dinh and international partners.