Brewer Anheuser-Busch InBev (AB InBev) is considering a 7 million USD investment in expanding production in its two factories in Vietnam, the firm’s Vice President for Asia Pacific South Ken Hitchcock said in a meeting with leader of southern Binh Duong province on October 3.
Vietnam is one of the largest beer consumption market in Asia. (Photo: VNA)
Binh Duong (VNA) – Brewer Anheuser-Busch InBev(AB InBev) is considering a 7 million USD investment in expanding production inits two factories in Vietnam, the firm’s Vice President for Asia Pacific SouthKen Hitchcock said in a meeting with leader of southern Binh Duong province onOctober 3.
AB InBev plans to reduce water consumption and increaseuse of green energy, as part of its goal to protect environment towardssustainable development, Hitchcock told Chairman of the provincial People’sCommittee Tran Thanh Liem at the meeting.
The Belgian company sets to have all of its brewersworldwide use clean energy by 2025, and to this end, it will equip the twobreweries in Vietnam with new power facilities, he added.
Welcoming AB InBev’s plan, Chairman Liem said its movefits the province’s development targets and investment policies that facilitateprojects in hi-tech, environmentally-friendly and value-added industries andservices.
He later updated his guest on the province’s economicdevelopment, saying Binh Duong remains on the top of Vietnam’s attractiveinvestment destinations with 2 billion USD worth of foreign direct investmentpoured into the province this year.
He hoped that the firm would expand production andintroduce foreign investors to do business in the province.-VNA
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