Long An Will Become the Site of a New Coca-Cola Facility

On October 14, construction began on the fourth Coca-Cola beverage facility in the province of Long An in the Mekong Delta. The 2039 completion date for the $136 million project will enable it to produce 1 billion liters of drinks annually.

The Highlights:

• The fourth Coca-Cola beverage factory broke ground in the Mekong Delta province of Long An on October 14. The $136 million project is set to be completed by 2039 and will have the capacity to produce one billion liters of beverages per year.
• Coca-Cola Vietnam's manufacturing facilities are currently located in Ho Chi Minh City, Danang, and Hanoi. They employ around 2,000 people while creating an additional six to eight times as many indirect jobs throughout the company's value chain.
• The company has also launched a number of community and sustainability initiatives, such as the installation of water filtration systems in schools, the widespread use of 100% recycled PET plastic bottles, which spares Vietnam from using about 2,000 tons of new plastic annually, and support for the Ocean Cleanup, which removes up to 55 tons of trash from the Can Tho River each day.

In Long An, Phu An Thanh Industrial Park, work on the fourth Coca-Cola beverage facility in Vietnam began. The project's first phase is anticipated to be finished in five years and will be completed by 2039 over a total area of 19 hectares. It will be the most extensive Coca-Cola facility in Vietnam, employing an intelligent manufacturing model and contemporary methods. The business is also dedicated to helping the neighborhood.

"This is Coca-Cola's largest factory in Vietnam, applying a smart factory model with modern techniques. The project entails supporting industries and raw material areas which will create favorable conditions to attract businesses, consume local raw materials, and contribute to job creation, bringing not only economic but also social benefits." - Chairman of Long An People's Committee Nguyen Van Ut said.

Long An has drawn up to $400 million in foreign direct investment in the first five months of this year, stretching from Ho Chi Minh City in the west to the Cambodian border in the east.

The company has also started several community and sustainability initiatives, including the installation of water filtration systems in schools, the nationwide use of 100% recycled PET plastic bottles, which prevents Vietnam from using about 2,000 tons of new plastic each year, and support for the Ocean Cleanup, which removes up to 55 tons of trash per day from the Can Tho River.

Adapted from VietnamNews and VietnamInvestmentReview