Evertrust Foods Co Ltd started the construction of a seafood processing plant on Wednesday in Quy Nhon City, Binh Dinh Province.

The plant will cover five hectares in Nhon Hoi Economic Zone with total investment capital of US$8 million from Japan and a capacity of 2,000 tonnes of products per year. The products will be eligible for export to Japan, the US and Europe.

The company has invested in a similar factory in Cam Ranh City, Khanh Hoa Province, which has proved a success.

Japanese-invested Evertrust Foods is the first factory processing fresh food in Viet Nam with Japanese technology. The Japanese investor expects Binh Dinh to become the home of tuna for domestic and foreign customers to promote the freshness of Vietnamese tuna, reported nhandan.vn.

The first phase of the project is scheduled for completion in June 2019 so it can start supplying goods to the domestic and US markets.

In addition, Evertrust Foods will also build a Japanese cultural and tourism area in Binh Dinh, including a Japanese hot spring, food area, souvenir shop, entertainment area and supermarket. — VNS