At the investment certificate handing over ceremony. — VNA/VNS Photo

The People’s Committee of Hà Nam Province on Tuesday handed over an investment registration certificate to a PepsiCo food production project of the PepsiCo Vietnam Foods Company Limited to invest in Đồng Văn I Industrial Park in Duy Tiến Commune.

Covering an area of 80,000sq.m, the project has a total investment capital of more than VNĐ2 trillion (US$82.2 million) with a capacity of over 23,000 tonnes of all kinds of snacks a year. Construction on the project is expected to be completed in the third quarter of 2025.

Speaking at the conference, Chairman of the provincial People's Committee Trương Quốc Huy said the project will actively contribute to improving the province’s industrial production value and socio-economic development. He requested relevant departments and branches to create favourable conditions to help the company carry out administrative procedures as well as remove obstacles in the construction process.

The chairman also asked the company to focus on financial and human resources in order to implement the project on schedule and pay attention to vocational training and job creation for local labourers.

Nguyễn Việt Hà, general director of PepsiCo Vietnam Foods Company Limited, said the company will make efforts to implement the project on schedule.

The company will invest in expanding raw material areas in the locality and other northern provinces. The firm will also apply regenerative agriculture methods and digital technology, he added. — VNS