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Cho In Corporation prepares for investment in Binh Duong

Update: 05-03-2014 | 00:00:00

Applauding the corporation’s investment decision, the provincial People’s Committee chairman Le Thanh Cung said that the corporation’s project indicates efficiency on all stages from building processing factory, developing animal husbandry to purchasing and processing materials in service for supermarkets and export.

Highly appreciated this project, the provincial People’s Committee chairman Le Thanh Cung stressed that this project is very suitable to local orientation on agricultural development in combination with processing industry and pledged to offer favorable conditions for the corporation to launch this project soon.

Cho In Corporation is one of Korea’s leading groups relating to food and cattle processing industry. Yun Ho Jung, chairman of the corporation said that the corporation decides to build a factory in Binh Duong to provide products for Lotte Mart chain in Vietnam and serve export.

As planned, this project will be launched into 3 stages. Accordingly, the first stage will construct a factory and import materials from Korea for processing whilst in the second phase materials will be produced closely and in the final one local farm produce will be consumed inside and outside of Vietnam.

Reported by T.Minh – Translated by A.C 

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