A flour plant of Interflour Da Nang company produces 70,000 tonnes each year in providing for Viet Nam market and export in ASEAN. It's the second plant in Viet Nam of the Interflour Group and the eighth in the world. — Photo Anphanam.com

DA NANG (Biz Hub) — The Interflour Group has launched its plant – the eighth in the world and the second in Viet Nam – in the central city's Son Tra Peninsula.

The plant, spread over 3ha in Yet Kieu Street near Tien Sa Port, has a capacity to produce 70,000 tonnes of flour products each year.

It's the second plant in Viet Nam after a 250,000-tonne capacity factory in Cai Mep Industrial Zone in the southern Ba Ria-Vung Tau Province.

A source from the city's investment and planning department said the plant, which was named the Viet Y flour factory and was owned by Foodinco Investment and Trading Company, was transferred to the Interflour Group for US$4 million.

The Interflour Group is a major flour manufacturer in Viet Nam, claiming a 50 per cent market share.

The group has built plants in Indonesia, Malaysia, the Philippines, and Turkey, besides Viet Nam, with a total capacity of producing 1.7 million tonnes per year.

In 2012, the group established its International Flour Trading company in HCM City to boost distribution in the south and the Mekong Delta river area. — VNS