INVESTMENT REGISTRATION CERTIFICATE GRANTING CEREMONY FOR SINGAPOREAN FUTURE ENTERPRISES PTE. LTD. IN NEZ
In the afternoon of September 17th 2024, Binh Dinh Provincial People's Committee and Binh Dinh Economic Zone Authority (BEZA) organized the Ceremony to grant the Investment Registration Certificate for The Freeze-dried Instant Coffee Factory Project to Future Enterprises Pte. Ltd. of Singapore (Singaporean Company) under the chairmanship of Mr. Pham Anh Tuan – Deputy Secretary of Binh Dinh Provincial Party Committee, Chairman of the Binh Dinh Provincial People's Committee. The provincial attendants were included Mr. Dang Vinh Son, Member of Binh Dinh Provincial Party Standing Committee, Director of BEZA; Leaders of provincial departments, including the Department of Planning and Investment, Department of Industry and Trade, Department of Natural Resources and Environment, Department of Construction and BEZA; Leaders of Becamex Binh Dinh Joint Stock Company; and Leaders of Singaporean Company, included Mr. Tan Wang Cheow – Executive Chairman of Food Empire Holding Group, Mr. Chin Tze Ting – Executive Personal Assistant to Chairman of Food Empire Holding Group and Ms. Pham Thi Hong Lam – General Director of Indus Coffee (Vietnam) Co. Ltd.
At the Ceremony, Mr. Pham Anh Tuan - Deputy Secretary of Binh Dinh Provincial Party Committee, Chairman of Binh Dinh Provincial People's Committee handed over the Investment Registration Certificate for The Freeze-dried Instant Coffee Factory Project to Mr. Tan Wang Cheow – Chairman of Future Enterprises Pte. Ltd. and also Chairman of Food Empire Group (Singapore).
The Freeze-dried Instant Coffee Factory Project of Future Enterprises Pte. Ltd. (Singapore) would be implemented on an area of 7.1 hectares at Lot B21.01 of Becamex VSIP Binh Dinh Industrial Park in Nhon Hoi Economic Zone (NEZ) with a total registered investment capital of VND 2,002.4 billion (equivalent to USD 80.74 million). According to the registered schedule, The Project would be implemented from the third quarter of 2024 and completed and put into full production and business in early 2028. The Project has an output capacity of 5,400 tons of products yearly. After putting into operation, the Project would make positive contributions to Binh Dinh provincial socio-economic development and the area of South Central Coast - Central Highlands. Particularly, the Project would attract foreign direct investment into Vietnam and Binh Dinh province, contributing to the development of the local economy, increasing revenue for the state budget through contracts signed with domestic and foreign partners and customers. By using raw materials from a large source of raw materials from the Central Highlands and the South Central provinces in Vietnam. In addition to creating jobs for more than 200 direct workers at the Factory, the Project would also create indirect jobs for thousands of farmers in this area.
Speaking at the Ceremony, Mr. Tan Wang Cheow – Chairman of Future Enterprises Pte. Ltd. and Chairman of Food Empire Group (Singapore) expressed his thanks to the attention from Binh Dinh provincial leaders in supporting the Group in the past time and this event was the clearest proof. Future Enterprises Group initially specialized in manufacturing and coordinating computers with computer components. However, after a period of searching and understanding the market, the Group quickly switched to production in the food sector. After Binh Duong province, Binh Dinh was the location where the Group had invested and set up the Project. And the Group hopes that, with the enthusiasm of Binh Dinh provincial leaders and Becamex VSIP Binh Dinh Industrial Park, the Project would ensure building progress and soon come into full operation.
Mr. Pham Anh Tuan – Deputy Secretary of Binh Dinh Provincial Party Committee, Chairman of Binh Dinh Provincial People's Committee expressed his pleasantness as Future Enterprises Group officially invested in Binh Dinh province. As the head of Binh Dinh Provincial government, Mr. Chairman affirmed the provincial view in attracting investment from foreign enterprises, including Singaporean groups. Although facing a few difficulties in slow industrial production developing activities, Binh Dinh province set a more sustainable goal of developing in the direction of green, circular and digital economy. Forming Becamex VSIP Binh Dinh IP was the clearest proof and also a model of industrial development in the provincial green, clean and sustainable direction. Mr. Chairman of Binh Dinh Provincial People's Committee also affirmed that Binh Dinh province was particularly interested in this Project and expected the Investor to speed up the progress, ensure quality, safe construction and environment in order that the Project could soon develop as expected results. And he also hoped that after Future Enterprises Group, there would be more Singaporean investors coming to Binh Dinh province. Mr. Pham Anh Tuan – Deputy Secretary of Binh Dinh Provincial Party Committee, Chairman of Binh Dinh Provincial People's Committee noted that BEZA and the main infrastructure investor of Becamex VSIP Binh Dinh Industrial Park must always accompany and promptly remove difficulties if any, creating the best conditions for the Singaporean Investor to fulfill the Project.
The Freeze-dried Instant Coffee Factory Project of Future Enterprises Pte. Ltd. (Singapore) would be implemented on an area of 7.1 hectares at Lot B21.01 of Becamex VSIP Binh Dinh Industrial Park in Nhon Hoi Economic Zone (NEZ) with a total registered investment capital of VND 2,002.4 billion (equivalent to USD 80.74 million). According to the registered schedule, The Project would be implemented from the third quarter of 2024 and completed and put into full production and business in early 2028. The Project has an output capacity of 5,400 tons of products yearly. After putting into operation, the Project would make positive contributions to Binh Dinh provincial socio-economic development and the area of South Central Coast - Central Highlands. Particularly, the Project would attract foreign direct investment into Vietnam and Binh Dinh province, contributing to the development of the local economy, increasing revenue for the state budget through contracts signed with domestic and foreign partners and customers. By using raw materials from a large source of raw materials from the Central Highlands and the South Central provinces in Vietnam. In addition to creating jobs for more than 200 direct workers at the Factory, the Project would also create indirect jobs for thousands of farmers in this area.
Speaking at the Ceremony, Mr. Tan Wang Cheow – Chairman of Future Enterprises Pte. Ltd. and Chairman of Food Empire Group (Singapore) expressed his thanks to the attention from Binh Dinh provincial leaders in supporting the Group in the past time and this event was the clearest proof. Future Enterprises Group initially specialized in manufacturing and coordinating computers with computer components. However, after a period of searching and understanding the market, the Group quickly switched to production in the food sector. After Binh Duong province, Binh Dinh was the location where the Group had invested and set up the Project. And the Group hopes that, with the enthusiasm of Binh Dinh provincial leaders and Becamex VSIP Binh Dinh Industrial Park, the Project would ensure building progress and soon come into full operation.
Mr. Pham Anh Tuan – Deputy Secretary of Binh Dinh Provincial Party Committee, Chairman of Binh Dinh Provincial People's Committee expressed his pleasantness as Future Enterprises Group officially invested in Binh Dinh province. As the head of Binh Dinh Provincial government, Mr. Chairman affirmed the provincial view in attracting investment from foreign enterprises, including Singaporean groups. Although facing a few difficulties in slow industrial production developing activities, Binh Dinh province set a more sustainable goal of developing in the direction of green, circular and digital economy. Forming Becamex VSIP Binh Dinh IP was the clearest proof and also a model of industrial development in the provincial green, clean and sustainable direction. Mr. Chairman of Binh Dinh Provincial People's Committee also affirmed that Binh Dinh province was particularly interested in this Project and expected the Investor to speed up the progress, ensure quality, safe construction and environment in order that the Project could soon develop as expected results. And he also hoped that after Future Enterprises Group, there would be more Singaporean investors coming to Binh Dinh province. Mr. Pham Anh Tuan – Deputy Secretary of Binh Dinh Provincial Party Committee, Chairman of Binh Dinh Provincial People's Committee noted that BEZA and the main infrastructure investor of Becamex VSIP Binh Dinh Industrial Park must always accompany and promptly remove difficulties if any, creating the best conditions for the Singaporean Investor to fulfill the Project.
Author: Đặng Nguyên Phúc
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