CMC - TBC-Ball Beverage Can Vietnam Limited Company on Thursday commenced the operation of its US$60 million aluminum can manufacturing factory in the southern province of Binh Duong.
The plant will have an initial annual production capacity of 850 million cans, mostly supplying contracted customers in Vietnam as well as some beverage producers in neighboring countries, according to the company. The new facility covers eight hectares in Vietnam Singapore Industrial Park II Expansion (VSIP II Expansion) in the province’s Tan Uyen District.
TBC-Ball Beverage Can Vietnam Limited Company is a 50:50 joint venture between Ball Corporation of the U.S. and Thai Beverage Can Limited (Thailand).
* Fujikura Fiber Optics Vietnam Co., Ltd (FOV) on Wednesday announced the official operation of its second factory at VSIP I. The one-hectare expansion of FOV was kicked off since the success of its first plant in VSIP I from 2001.
This second project will turn out fiber optic components for use in telecommunication and data communication systems with the high technology transferred from Fujikura Group in Japan.
VSIPs in Binh Duong have this year to date attracted an additional US$468 million in total registered investment capital, an increase of 60% compared to the same period last year.
Source: The Saigon Times