Puratos Group will invest some VND 200 billion in the Belgian company of Grand-Place, a universally renowned chocolate producer, to expand its business in Vietnam.

Last weekend, Puratos announced the investment and said that the sum would be funded for the expansion of cacao tree plantations and chocolate production in Vietnam in the period of 2012-2014.

With the investment, Grand-Place will erect a cacao storing and trading system in Ben Tre Province in an attempt to ferment and process cacao on the spot.

Another part of the investment will be used to double the production capacity of its chocolate plant to 4,000 tons per year and to build a logistic centre in Binh Duong Province in 2012.

In 2013, Grand-Place will build another plant with its focuses of cream and decorative chocolate production and a storing site in Bac Ninh Province in order to directly serve customers in the North. 

Source: DDDN

Translated by Thu Nguyen