Au Viet Milk Joint Venture Co., Ltd invested 10 million USD to build a dairy company in Kim Dong

Published on 22 - 02 - 2019
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On February 21, at the automobile assembly and manufacture factory of the joint venture MAZ Asia (Kim Dong), the signing ceremony on the establishment of Au Viet Milk Joint Venture Co., Ltd. was held by the Au Viet Food Import - Export and Processing Joint Stock Company and Minsk Milk Plant No. 1(Belarus).

Chairman of the Provincial People's Committee Nguyen Van Phong and delegates witnessed the signing ceremony to establish Au Viet Milk Joint Venture Co., Ltd.

The signing ceremony saw the attendance of Mr. Nguyen Van Phong, Deputy Party Secretary, Chairman of the Provincial People's Committee and Mr. Goshin Vladimir Anatolievich, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Vietnam. 

This signing is one of the results of the signing of free trade agreements between Vietnam and Belarus. The common goal of the cooperation between two companies is to establish a joint venture to produce formula dairy products and nutritional milk to meet the demand of Vietnamese market according to the Italian modern chains. 

After its establishment, Au Viet Milk Joint Venture Co., Ltd. will build a dairy company of 3.8 ha in Kim Dong district, with a total investment of 10 million USD. 

As planned, it is going to build the dairy company in the second quarter of 2019 and put it into operation in mid-2020. In the first phase of operation, the plant's capacity is expected to reach 36 thousand tons of milk / year. 

At the signing ceremony, the Chairman of the Provincial People's Committee said that over the past time, the province has implemented a number of solutions to improve the physical strength and stature of people in the area. In particular, every year the province has spent a part of the budget performing the school milk program, contributing to raising the stature of children in kindergartens and primary schools in the area. The operation of Au Viet Milk Joint Venture Co., Ltd. will contribute to improving the nutritional quality of people in the province in the future.

He wishes that the company will soon start building the diary company and put it into operation to bring good quality milk and dairy products and meet the needs of people in the province in particular and in the country in general.

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