COFICO BREAKS GROUND ON THE EAST PACIFIC FOODS FACTORY PROJECT

On the morning of April 6, 2024, Construction Joint Stock Company No. 1 (referred to as “COFICO” for short) had the honor of collaborating with Danon Foods Corporation (referred to as “DOF” for short) to organize the groundbreaking ceremony for the East Pacific Foods Factory Project located in My Phuoc 3 Industrial Park, Binh Duong.







The East Pacific Foods Factory project, invested by DOF Company, a subsidiary of Dan-D Foods Group, has a total area of about 90,000 square meters with a total investment capital of up to 100 million US dollars, equivalent to about 2.480 trillion Vietnamese dong. It is designed to focus on the production and processing of products from various seeds, especially cashews, such as biscuits, chocolate cakes, nutritional nut milk, etc., serving both the domestic market and exports to Canada, the United States, China, Hong Kong, Japan, and some other Asian countries with high-quality requirements.





Representing the Investor, Mr. Nguyen Huynh Nghia, Deputy General Director of DOF Company, stated that DOF Company specializes in supplying products from cashews and some other seeds such as almonds, walnuts, with its headquarters in Richmond, British Columbia, Canada, and branches in the United States, Thailand, China, Hong Kong, and Taiwan. Currently, Danon has 5 factories located in Canada, the United States, and Vietnam. Therefore, this project marks an important step in the cooperation between COFICO and DOF, with the goal of providing high-quality food products, contributing to community health, meeting the increasing demands of customers, and maximizing benefits for all parties involved in the production and supply chain. The East Pacific Foods Factory will not only be a production facility but also a distribution center for “Global Quality Food”, bringing satisfaction and trust from customers.



The project is expected to bring significant health benefits to the community, positively contribute to increasing the value of industrial production and the export value of goods in Binh Duong province. When operational, the factory will create more jobs, generate income for local labor, increase revenue for the state budget, and contribute to the socio-economic development of Binh Duong province and the agricultural sector of Vietnam in the coming years.



Speaking at the ceremony, Mr. Le Dang Vinh, General Director of COFICO Company, shared that as a construction contractor, COFICO Company is honored to be selected as the main contractor for the project, an investment project by Dan-D Foods Group from Canada, whose products have appeared widely in major supermarkets worldwide and in Vietnam, always satisfying customers.



In response to DOF Company’s trust, COFICO Company is aware of its responsibility and will focus its highest efforts to successfully implement the project, not only to meet the Investor’s requirements in terms of Schedule-Quality-Occupational Safety but also to meet the Investor’s expectations that after the factory is operational, it will be a place where workers feel happy to work.