BINH DUONG (VNS)— The US-headquartered Procter&Gamble (P&G) yesterday broke ground for a project to expand its Pampers manufacturing plant in southern Binh Duong Province's Ben Cat District.
With an additional investment of US$80 million in the next three years, P&G Viet Nam aims to boost production of the diapers brand for domestic consumption and for export. In 2009, P&G invested $45 million to develop the first category of Pampers Baby Care plant at the Viet Nam – Singapore Industrial Park No 2, using the latest technology for manufacturing diapers.
Emre Olocer, general director&CEO Viet Nam, said: "With three consecutive years wiht the highest growth rate of global P&G, Viet Nam is one of the priority investment markets of P&G."
He said P&G's investment in Viet Nam had tripled to more than $200 million this year and would continue to increase in the coming years.-VNS