Bel Vietnam, a subsidiary of French cheese manufacturer Bel Group, broke ground on its second factory in southern Vietnam on Wednesday.
The US$17-million facility, which will cover 17,000 square meters in the Song Than 3 Industrial Zone in the southern province of Binh Duong, has an annual capacity of 15,000 tons of cheese to supply domestic and regional markets.
General Director of Bel Vietnam Chafip Hammadi said the project is buoyed by the success of its first factory in Vietnam.
He also underlined the favorable conditions facilitating the project, including skilled labor forces, location and incentives.
Vietnam is the first Asian nation where Bel Group has built its factories, Chafip said, adding that the company also plans a research and development center in the province.
The factory is scheduled to be completed and put into operation in the third quarter of 2016.