Suntory Pepsico starts construction of 6th renewable energy plant in Long An

On the morning of April 8, 2024, Suntory PepsiCo Vietnam Beverage Company Limited (Suntory PepsiCo Vietnam) started construction of its 6th factory in Huu Thanh Industrial Park, Duc Hoa District, Long An Province.

With a total expected investment of more than 300 million USD, this will be the largest and most modern factory of the Group in the Asia- Pacific region.

The project has a capacity of up to 800 million liters/year. When put into operation, the factory will enhance the ability to meet consumer demand and strongly consolidate Suntory PepsiCo's leading position in the Vietnamese market.

Covering an area of approximately 20 hectares, the Long An factory is expected to be powered by renewable energy, such as biomass and solar energy, significantly reducing greenhouse gas emissions throughout its production operations. It will also produce products with packaging made from 100% recycled plastic, along with initiatives to save natural resources in production.

The project is a strong step forward for the Company in jointly realizing the sustainability commitments of the Vietnamese Government, especially the commitment to reduce net greenhouse gas emissions to zero by 2050.

Speaking at the event, Mr. Do Thanh Trung, Deputy Minister of Planning and Investment, said that the Vietnamese Government highly appreciates Suntory PepsiCo's continuous investment and sustainable development in Vietnam.

“Suntory PepsiCo’s project in Long An is one of the largest FDI projects in the province, expected to contribute to the socio-economic development of the Mekong Delta in general and Long An province in particular. The project uses renewable energy as well as applies optimal technologies to save resources, in line with Vietnam’s policy of attracting foreign investment,” said Mr. Trung.

Mr. Takayuki Sanno, CEO of Suntory Beverage and Food Asia Pacific Group, shared that Vietnam is one of Suntory's key markets.

“We believe in the potential and growth of the Vietnamese economy. The sixth and largest, most modern plant of the group in the region will contribute to consolidating Suntory PepsiCo Vietnam’s leading position, significantly increasing capacity, accelerating the introduction of many innovative products, as well as expanding the supply chain in the host country,” said Mr. Sanno.

Mr. Jahanzeb Khan, CEO of Suntory PepsiCo Vietnam, emphasized that this modern factory will help raise the bar for productivity and sustainable development, paving the way for the company's long-term growth.

Mr. Nguyen Van Ut, Deputy Secretary of the Provincial Party Committee and Chairman of the People's Committee of Long An province, said that Long An is promoting investment to attract large-scale, modern industrial development projects, especially focusing on production projects applying green technology towards sustainable development.

“The Suntory PepsiCo factory project fully meets these criteria and is expected to make a great contribution to the socio-economic development of Long An province in the coming years,” said Mr. Ut.

After three decades of operation in Vietnam, from the first factory in Hoc Mon (HCMC), Suntory PepsiCo has maintained its commitment to continuously invest in Vietnam, expanding its presence across the country with 5 factories operating in Can Tho, Dong Nai, HCMC, Quang Nam and Bac Ninh and 6 offices, rising to the leading position in the beverage market, creating meaningful jobs for nearly 3,000 direct workers and tens of thousands of indirect workers, being honored in the Top enterprises contributing to the state budget for many consecutive years. The groundbreaking of the 6th factory demonstrates the company's vision in its long-term development strategy in Vietnam.

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