HCMC – The Hau Giang management board of industrial parks presented an investment certificate to the Sunjin aquatic feed production plant project worth over VND550 billion, or US$23.6 million, on January 27.

The facility will use advanced technology in production and have a capacity of 126,000 tons per year. When put into service, the project will fetch over US$161 million in revenue and generate an export value of US$40 million annually.

The plant, whose investor is Sunjin Vina Company, will cover 2.6 hectares of land in the Tan Phu Thanh industrial park in Chau Thanh A District, the local media reported.

This was a great start to the new year for investment, Tran Ngoc Hung, head of the management board, said, adding that the board would support the investor to put the facility into operation as soon as possible.

Sunjin Vina will work with the Hau Giang management board of industrial parks to complete relevant procedures to start work on the project on schedule to put the facility’s first phase into operation in May next year, said a representative of Sunjin Vina.