HCMC – ILD Coffee Vietnam, a joint venture between Louis Dreyfus Company and Poland’s Instanta, is seeking support from the Binh Duong Province authorities to build a freeze-fried instant coffee plant in the southern province’s Ben Cat Town.
Bui Minh Thanh, secretary of the Ben Cat Party Committee, yesterday, October 6, received and worked with Alexander Nowakowski, secretary at the Polish Embassy in Hanoi and head of the ILD Coffee Company, the local media reported.
Speaking at the working session, Nowakowski said the infrastructure system in the province is adequate, adding that the local authorities have created favorable conditions for businesses.
Many Polish companies have invested in Binh Duong and given positive feedback on the investment environment in the province, the Polish official said.
According to him, the ILD Coffee Company plans to develop the freeze-fried instant coffee plant at the Protrade international industrial park in Ben Cat Town, with a total investment of over US$80 million.
The provincial Department of Planning and Investment granted a business registration certificate to the ILD Coffee Company under the name “ILD Coffee Vietnam Co., Ltd.”, which is located in the industrial park.
ILD Coffee Vietnam proposed the authorities of Ben Cat facilitate the handover of the cleared site and the development of power supply facilities so that the company can break ground on the project in early 2023.
Thanh said he would work with the industrial park management board, the provincial Department of Industry and Trade and the Vietnam Electricity Group in the southern region to speed up the construction of power supply facilities for the plant.
Thanh also pledged support for enterprises to run their businesses in the province.