In a significant move, the Pepsico Vietnam Limited Liability Company is set to lead investment in a new Pepsico food production facility in northern Ha Nam province, with total investment nearing $90 million. The facility will be built at the expanded Dong Van I Industrial Park in Bach Thuong ward, Duy Tien town, covering 80,000 sq m.

Scheduled to get underway in 2024, which marks 30 years since Pepsico arrived in Vietnam, the project is expected to be completed and operational by the third quarter of 2025. Once stable operations are in place, the facility is projected to supply over 23,000 tons of various snacks to the market annually. Pepsico also aims to invest in expanding raw material areas in Ha Nam, utilizing sustainable agriculture practices and digital technology.

The investment will support Ha Nam in achieving its goal by 2025 to become an industrially-modern province. It involves a state-of-the-art industrial plant employing renewable energy, enhancing both the quantity and quality of workers in the region and fostering high-tech agriculture.

Cooperating with partners, including the Suntory Group, Pepsico Vietnam currently operates 14 plants and distribution centers in Vietnam, employing some 13,000 workers. It provides a diverse range of beverages and snack products under various brands, such as Lays, Poca, Doritos, Quaker, Pepsi, Aquafina, Sting, 7 Up, and more.

Earlier, in July, Pepsico Vietnam received an investment license to build a beverage manufacturing plant at the Huu Thanh Industrial Park in Huu Thanh commune, Duc Hoa district, in the Mekong Delta’s Long An province. Spanning 200,000 sq m, the project has total investment of VND4.374 trillion ($185 million), and is expected to be completed in the first quarter of 2026.

The expansions to the Dong Van I Industrial Park have been meticulously organized along main transportation routes, incorporating public structures, green spaces, gates, fences, and plant facilities, to ensure a cohesive landscape and provide a green architectural space.