Japanese food and beverages company Maruzen Foods Corporation will build in southern Vietnam what it calls the largest and most modern plant in Southeast Asia.
The US$106-million plant in Binh Duong province's My Phuoc 3 Industrial Zone will begin a trial run at the start of next year before going on stream in April.
It will have an annual capacity of 2.5 million cases of bottled drinks and 100 tons of canned food.
It will be the company's first plant in Vietnam.
The number of Japanese firms setting up shop in Binh Duong has risen to 170 as of the first quarter of this year, and they have invested a total of $3.5 billion, according to the province's Department of Planning and Investment.
It has proven to be the most popular province with not just Japanese investors but also other foreign investors, attracting a total of $17.83 billion in 2,156 projects.
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