Tetra Pak, a Swedish-based food processing and packaging solutions company, has inaugurated its new packaging factory in the Vietnam-Singapore Industrial Park II in the southern province of Binh Duong on July 3.
With a total investment of EUR120 million and recruiting more than 200 skilled Vietnamese employees, Tetra Pak’s new factory is considered the company’s long-term commitment to Vietnam.
At the opening ceremony, there were Ambassador of Sweden to Vietnam Pereric Högberg, Board Members and global CEO from Tetra Pak attending the event.
“Tetra Pak is a strong partner of Team Sweden in Vietnam. I was proud and honoured to be a part of the inauguration of the new Tetra Pak factory outside Ho Chi Min City (Binh Duong),” Ambassador Högberg wrote on his Facebook page.
This Binh Duong factory is Tetra Pak’s eighth factory in the Asia Pacific region. It is built to serve both the domestic and export markets such as Vietnam’s neighbors like Southeast Asia countries, Australia and New Zealand.
The factory is expected to produce 12 billion paper boxes each year making the company’s figure rise up at an annual pace of 5.6% over the next three years.
Adolfo Orive, president and CEO of Tetra Pak said:
“This greenfield investment is a strong testimony of our long-term commitment to Vietnam, contributing to the nation’s economic development, generating employment opportunities and boosting the local industry.
“This factory is not just a monetary investment for us. It reflects our pledge to be closer to our customers, to serve them faster and better, with greater flexibility and efficiency, and shorter lead times.”
Jeffrey Fielkow, managing director for Tetra Pak Vietnam, said:
“This is a proud moment for us, which coincides with yet another historical milestone, as we celebrate the completion of 25 years of Tetra Pak’s presence in Vietnam.
“With the new factory, we feel even more strongly connected to Vietnam and our customers, and even more confident of shaping the future of the industry, together.”