Puratos Group and the Grand Place sign to expand operations
Early October 11, at VSIP 1, Thuan An Town, Puratos Group and Grand Place - the 2 Belgium 100% foreign capital-invested groups specializing in the manufacture of chocolate and chocolate cakes have signed a joint venture agreement to develop in Vietnam market. The signed project had a capital of USD 10 million to build a logistic center at Road No. 8, VSIP 1 for the production of pies, cakes and chocolates.The logistic center will be modernized, including the sector of research and chocolate pie sector so as to the distribute in Vietnamese market and the region. The two groups of Puratos and Grand Place have invested into factories in Vietnam for over 10 years, specializing in producing pure chocolate and supplying raw materials for chocolate confectionery industry in Vietnamese market and other Asian areas. Averagely, the factories in VSIP 1 of Grand Place churns out over 2,000 tons of chocolate a year. Reported by Ho Van – Translated by Vi Bao
