The ribbon-cutting ceremony for the factory (Image: tuyenquangtv.vn)
The facility is expected to create jobs for 300 local workers and tens of thousands of farmers in the sugarcane plantation areas.
The VND703 billion ($33.7 million) refinery is designed to produce a maximum of 4,000 tonnes of sugar per day initially but the capacity will be upgraded to refine 6,000 tonnes of sugarcane per day in the future.
In 2013, Sonsuco plans to grow over 11,000 ha of sugarcane and produce 56,000 tonnes of sugar, raising the company total revenue to over VND920 billion ($44 million).
Addressing the inauguration ceremony, Deputy Prime Minister Nguyen Xuan Phuc, who is also Head of the Northwest Steering Committee, suggested that the plant should prioritise labour safety, environmental protection and creating a stable and long-term raw material sources for its operation.
The Deputy PM also praised Tuyen Quang authorities’ for their efforts in creating a dynamic business environment and favourable conditions for investors to operate in the province.