German firm opens $12mn coffee processing facility in southern Vietnam
Wednesday, January 28, 2015, 20:07 GMT+7
German firm Neumann Gruppe has opened its second coffee processing plant in Vietnam that has machinery made in Europe and America.
The $12 million facility was inaugurated on Monday in the southern province of Dong Nai, newswire Vietnamplus reported.
The plant, located in the An Phuoc Industrial Park, covers a total area of nearly five hectares and boasts modern equipment from Italy and the U.S. which can produce around 26 tonnes of coffee per hour.
Besides providing jobs for local workers, the processing mill is expected to reach a capacity of 100,000 tonnes per year by 2017, with processed coffee to be exported worldwide.
This is Neumann Gruppe’s second coffee processing plant in the Southeast Asian country. The first was built in the southern province of Binh Duong in 1992.
The latest facility will help expand Dong Nai’s coffee growing areas and attract investors from Germany to the province, Nguyen Phu Cuong, deputy chairman of the provincial People’s Committee, said, vowing to facilitate the German company’s operation. Neumann Gruppe currently has a total of 46 coffee processing plants in 28 countries and contributes 10 percent of global coffee shipments.Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!
