Hong Kong firm to build beverage-can plant
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The Hong Kong-based TBC-Ball Beverage Can Holding Limited has received the license and is set to begin construction of a US$50 million can manufacturing plant in Binh Duong Province near Ho Chi Minh City.
The eight-hectare plant, to be built in the Vietnam Singapore Industrial Park (VSIP), will have a capacity of 850 million cans a year when completed in 2012.
It will supply domestic beverage manufacturers as well as export to neighboring countries like Laos, Cambodia, and Thailand.
This year the VSIP has attracted investments of $150 million, including $85 million in four existing projects.
