Roasted coffee beans. — VNA/VNS Photo

A freeze-dried instant coffee factory expected to cost over VNĐ2 trillion (US$80.74 million) will be built in the central province of Bình Định, the provincial Investment Promotion Centre has announced. 

Funded by Future Enterprises PTE Ltd., the plant will have an annual capacity of 5,400 tonnes of product. It will cover over 7.1ha in the Becamex Bình Định Industrial Park in Văn Canh District's Nhơn Hội Economic Zone. 

Construction on the plant is expected to begin in March 2025 and be completed in early 2028.

Since the beginning of this year, the province has also attracted 39 other investment projects, with a total registered investment capital of more than VNĐ4.84 trillion ($196.63 million), according to the centre.

Of these, 31 projects fall under the industrial sector; three in agriculture, forestry and fisheries; two in port services and logistics; two in construction and infrastructure; and one in trade, services and tourism.

Investors have also added more than VNĐ1.92 trillion to existing projects in the region. — VNS