Becamex Binh Dinh Industrial Park Attracts over 80 Million USD Project from Singapore
Mr. Dang Vinh Son, Head of the Binh Dinh Economic Zone Management Board, said that he has just granted an investment certificate to Future Enterprises PTE. LTD (headquartered at 31, Harrison Street, Food Empire Building, Singapore) to implement the Freeze-dried Instant Coffee Factory Project. Accordingly, the project is implemented at Lot B21.01, Becamex Binh Dinh Industrial Park (in Nhon Hoi Economic Zone), Canh Vinh Commune, Van Canh District with an area of over 7.1 hectares. The project’s goal is to produce and export freeze-dried instant coffee with a scale of 5,400 tons/year.
The total investment capital of the project is over 2,000 billion VND (equivalent to over 80 million USD). Of which, the project’s contributed capital is over 570 billion VND, the rest is mobilized capital.
According to the Binh Dinh Economic Zone Management Board, the project will complete the construction of the factory, prepare facilities, install equipment and come into operation from April 2027 to January 2028. The project will be operational until August 3, 2070.
Future Enterprises PTE. LTD is directed by Mr. Tan Wang Cheow (Singaporean nationality). Future Enterprises PTE. LTD is a subsidiary of Food Empire Holdings Group, established in 1992. According to the introduction of Food Empire Holdings Group, Future Enterprises is the manufacturer and owner of the FesAroma brand, established in 2000; FesAroma is also one of the beverage brands of this group. In Vietnam, another member company of Food Empire Holdings Group is FES Vietnam Company Limited with the product Pho Coffee with a factory in Vietnam – Singapore Industrial Park (Visip 1) in Thuan An City, Binh Duong Province.
