Want Want group plans to invest $ 100 million
- Wednesday - 27/12/2017 08:54
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On November 21st, Mr. Lee Yu Sheng, CEO of Want Want Group (from Taiwan), had a working session with Dong Nai Province to study the policy of investing in the food sector in the province.
Meeting the delegation, Vice Chairman of the provincial People's Committee Tran Van Vinh said that Taiwan ranks second among more than 40 countries and territories investing in Dong Nai with 280 projects and the total capital of more than $ 5.2 billion. Dong Nai has the advantage of favorable weather, no storms or floods, no enterprises investing in the province have stop operation due to natural disasters. Industrial zones have good infrastructure, so the cost of building a factory is cheap and transportation is convenient.
Want Want is a multi-industry corporation founded in 1962. The group began its business by producing food and beverages and now has expanded into other areas such as real estate, hotels, agriculture, medical, insurance and media ... Want Want Group wants to invest in a rice cake factory in Dong Nai with a total capital of about 60 million USD in phase 1, then increase to 100 million dollars in phase 2.
Hương Giang