P&G expands its Pampers plant in Binh Duong
The US-headquartered Procter&Gamble (P&G) on November 30 broke ground for a project to expand its Pampers manufacturing plant in southern Binh Duong province's Ben Cat district.
With an additional investment of US$80 million in the next three years, P&G Vietnam aims to boost production of the diapers brand for domestic consumption and for export. In 2009, P&G invested US$ 45 million to develop the first category of Pampers Baby Care plant at the Vietnam – Singapore Industrial Park No 2, using the latest technology for manufacturing diapers.
Emre Olocer, general director and CEO Vietnam, said, "With three consecutive years wiht the highest growth rate of global P&G, Vietnam is one of the priority investment markets of P&G."
He said P&G's investment in Vietnam has tripled to more than US$200 million this year and would continue to increase in the coming years.