Vietnam Firm to Build US$45.1 Mln in Coffee Plant in Laos

12:34:40 PM | 7/25/2008

Dao Huong Group has decided to invest VND778 billion ( US$45.15 million) in building an instant coffee plant in neighboring Laos&rsquo Champasak province.
 
The group&rsquos Chief Executive Official (CEO), who received the &ldquoASEAN&rsquos good business&rdquo title at recent Global Women Summit in Hanoi, said the group has ordered modern technologies from Germany&rsquos E&E Co., and Denmark&rsquos Anhydro Co.
 
Construction of the plant is scheduled to start in the next two years. Once operational in 2010, Dao Huong expected its coffee to be welcomed at foreign markets, especially in Japan, Taiwan, Asian-Pacific region, and EU being targeted. (Vietnam & World Economy)