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An enterprise poured 100 million USD into Binh Duong to expand production

An enterprise poured 100 million USD into Binh Duong to expand production

Recently, Mr. Nguyen Van Danh - Vice Chairman of Binh Duong Provincial People's Committee had a meeting and worked with leaders of P&G Vietnam at the Provincial Administration Center.

At the meeting, Mr. Nguyen Van Danh said that so far, Binh Duong has 4,099 investment projects from 65 countries and territories with a total registered capital of nearly 40 billion USD. The US alone ranks 10th among countries and territories investing in Binh Duong, with 133 projects and a total capital of 1.33 billion USD. 
The Vice Chairman of the Provincial People's Committee also emphasized that the development of the province over the past time has made great contributions of businesses, including P&G.
Binh Duong is promoting a breakthrough in development in the new period, prioritizing investment in infrastructure development, reforming administrative procedures, and developing high-quality human resources.
The province gives priority to attracting investment in high-tech, advanced, environment-friendly, low-labor-intensive industries and fields, creating high added value... towards green and sustainable development. Therefore, the province wants P&G to continue investing in Binh Duong. 
P&G is a global consumer goods company with quality products that are trusted around the world such as laundry detergent (Ariel, Tide), shampoo (Pantene, Head & Shoulders). 
P&G has been operating in Vietnam since 1995 and now has 2 factories (producing Ariel, Downy, Febreze, Joy and Gillette razors) in Binh Duong.
Ms. Priya - General Director of P&G Vietnam said that P&G has been operating in Binh Duong for 28 years with a total investment of about 300 million USD. P&G currently has about 800 direct employees and has created about 5,000 jobs in Binh Duong over the years.
In the coming time, P&G will continue to invest nearly 100 million USD in Binh Duong to expand the production line at the Ben Cat factory, attracting about 150 more employees. Thereby affirming the strategy of considering Vietnam in general and Binh Duong in particular as a key investment place, focusing on modern production in the Group's production chain around the world.

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