Procter & Gamble (P&G) late last week
broke ground for its pampers manufacturing plant expansion in the southern
province of Binh Duong’s Ben Cat District.
The
company said that the expansion was part of the company’s plan to increase its
capital by US$80 million in three years.
In
2009, P&G developed the first category of Pampers Baby Care plant at VSIP 2
Industrial Zone in Binh Duong Province with initial capital of US$45 which uses
the latest technology to manufacture diapers.
To
meet the increasing demands at home and abroad, the company continues to invest
an additional US$80 million in the next three years to expand the plant.
Manuel
Roman as director of the plant said that the expansion would increase its
capacity by 200% compared to the current capacity.
Emre
Olocer, general director & CEO Vietnam, said at the ceremony that Vietnam
is one of the priority investment markets of P&G as the group’s operation
in Vietnam has seen the highest growth rate of the global P&G in three
consecutive years.
Up
to now, the investment of P&G in Vietnam has tripled to reach more than
US$200 million in 2012 and will continue to increase in the coming years.
P&G
stared operations in Vietnam in 1995 and now boasts a wide range of
international standard consumer products such as shampoo, washing powder, soap,
lotion, razor, toothbrush and diapers among others. P&G also export more
than 30% of it production to such markets as Australia, New Zealand, Japan,
Korea, India and ASEAN.
Source: Saigon Times
on December 3,2012
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