DFB Hanco Nutrition to build factory to spur growth
Dairy company DFB Hanco Nutrition will build a Codex -standard dairy and nutrition food factory that will produce 36,000 tonnes of products year, Pham Thi Kim Oanh, the company chairwoman, told a press conference in HCM City on July 21.
Dairy company DFB Hanco Nutrition will build a Codex -standard dairy andnutrition food factory that will produce 36,000 tonnes of productsyear, Pham Thi Kim Oanh, the company chairwoman, told a press conferencein HCM City on July 21.
The global standard for food wasestablished in 1963 by the Food and Agriculture Organization of theUnited Nations and WHO to protect consumers.
The plant in DongNai province will produce milk powder and fresh milk, yoghurt, foodsupplements, and cereal for both the domestic and export markets.
The117,000sq.m plant will cost 400 billion VND (19.04 million USD) in thefirst phase, with construction starting early next year and wrapping upby end 2017.
Oanh said the company averages 13 percent annual growth now, but the factory would push that up to 30-40 percent.
The company plans to export to Asian countries like Laos and Myanmar besides Africa and Europe.
DFB Hanco Nutrition used to be known as Hancofood until it recently changed its name.-VNA
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