Hite Jinro opens its first abroad manufacturing facility in Vietnam… Manufacturing of Jinro Soju by 2026

by times news cr

2024-06-20 02:49:24

Inexperienced Eye Park website in Thai Binh Province the place Hite Jinro Vietnam manufacturing facility might be constructed. Tybin = Reporter Jeong Search engine optimisation-young

“As soon as the manufacturing facility is accomplished in 2026, we will produce no less than 1 million circumstances of soju. “With the addition of extra traces, we predict that we will produce greater than 5 million containers sooner or later.”

On the tenth, Jeong Seong-hoon, head of Jinro Soju Vietnam, answered a query about manufacturing quantity on the Inexperienced I Park Industrial Advanced in Thai Binh Province, Vietnam, the place the Hite Jinro Vietnam manufacturing facility website is being constructed. The location, which is presently empty, is scheduled to start breaking floor within the first quarter of subsequent 12 months (January to March), with commissioning and manufacturing to proceed within the second quarter of 2026 (April to June).

Nguyen Quang Hung, Deputy Governor of the Thai Binh Province Folks’s Committee, who attended the introduction of the Hite Jinro manufacturing facility website on at the present time, mentioned, “I had a great impression through the assembly relating to the positioning,” and added, “Thai Binh Province and Inexperienced Eye Park guarantee easy operation of the manufacturing facility.” “I’ll do my finest for this,” he mentioned. Along with Hite Jinro officers, many individuals from the Vietnamese authorities participated, together with Ngo Dong Hai, Secretary Basic of the Thai Binh Provincial Folks’s Committee, and Nguyen Minh Hung, Chairman of Inexperienced Eye Park.

The explanation Hite Jinro selected Thai Binh Province for its new manufacturing facility is as a result of it has a big younger workforce and is near the ocean and the capital Hanoi. Thai Binh Province, with a inhabitants of two million, has two giant universities and produces 33,500 younger folks yearly. It’s adjoining to the capital Hanoi, 2 hours and half-hour away, and can be adjoining to the port metropolis of Haiphong. As soon as the Ninh Binh-Haiphong Expressway, presently below development, is accomplished, accessibility to close by cities is anticipated to extend.

The advantages inside Inexperienced Eye Park are additionally a bonus. When a basic company invests, the company tax is 20%, however for traders in Inexperienced Eye Park, a ten% company tax is utilized for the primary 18 years.

Hite Jinro plans to broaden its manufacturing traces sooner or later and broaden its manufacturing facility to incorporate quite a lot of merchandise, together with basic soju along with fruit soju. CEO Jeong Seong-hoon mentioned, “80-90% of the preliminary manufacturing might be exported, and the export quantity by nation might be adjusted to fulfill world demand sooner or later.”

Thai Bin = Reporter Jeong Search engine optimisation-young [email protected]

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2024-06-20 02:49:24

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