Binh Thuan to ease investment policies for Want Want firm

Want Want Group worked with Binh Thuan's Chairman of PPC

According to General Director Ly Ngoc Sinh, Want Want Group began operations in 1962 in Taiwan, in the name of I Lan Foods Industrial Company Limited, and registered as Want Want brand name in 1983. The company invested in mainland of China in 1996 and developed its market there. As of late 006, Want Want has had 34 manufacturers and over 359 outlets with more than 50,000 employees across China.

Besides investment in foods and beverage, Want Want Group also invests in various fields, including: Real Estate, Hotel, Agriculture, Insurance, Communications a Health, etc.

In Binh Thuan, Want Want group would invest in Foods, Confectionery, Drinks at Ham Kiem II industrial park with a total investment capital of USD 50 million. The expected project will help job placement for about 1,000 labors.

Chairman Nguyen Ngoc Hai joyfully hailed the investment intention of the guests, expecting that the project would boost the local socioeconomic development and become a bright spot on the Binh Thuan’s industrial map. The provincial authorities would pave the way for the Group to complete investment procedures, cutting off the progress rate of the project – Mr. Hai added.

 My Thien (Source: Binh Thuan.gov.vn)