Quang Ninh inaugurates US$47 million wheat flour mill
Thursday, 15:03, 04/12/2014
The Vietnam Flour Mill-Wilmar (VFM-Wilmar) inaugurated a new wheat flour mill at the Cai Lan Industrial Park in the northern coastal province of Quang Ninh on December 3.
The US$47.4 million factory has a design capacity of 500 tonnes of wheat a day, and employs 150 workers. The plant is expected to contribute VND200 billion (US$9.4 million) to the province’s budget each year.
The project helped to increase total new foreign direct investment (FDI) in Quang Ninh to a record high US$586 million.
The VFM-Wilmar is a joint venture of Singapore’s Wilmar group and the Federal Flour Mills Berhad group of Malaysia.
The project helped to increase total new foreign direct investment (FDI) in Quang Ninh to a record high US$586 million.
The VFM-Wilmar is a joint venture of Singapore’s Wilmar group and the Federal Flour Mills Berhad group of Malaysia.