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Tra Vinh Sugar Co looks to boost production capacity

Update: March, 01/2012 - 10:01

TRA VINH — The Tra Vinh Sugar Co will invest VND20 billion (US$952,000) to expand production capacity this year from 2,000 to 2,500 tonnes per day. It also plans to build a sugar processing facility next year with a 3,500-tonne capacity, at a cost of VND230 billion ($10.9 million).

The company targets a revenue of VND600 billion ($28.5 million) this year, contributing to the State budget an amount of over VND33 billion ($1.5 billion), up 14 and 11 per cent respectively compared with last year.-VNS

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