Czech firm, BTG Holdings, has announced plans to build Asia’s biggest brewery in Vietnam’s Hoa Binh Province.
The brewery, with a total investment of US$116 million, should be completed by 2017 and produce 190 million liters of beer per year (mainly Budweiser) for export to Korea, Japan and China in addition to domestic consumption.
BTG Holdings will also build a $136 million biomass power plant with a capacity of 2x25 MW, which will not only power its factory, but also others in its industrial park which include electronic chip, solar cell, and milk processing plants.
The company is eyeing even bigger plans in Vietnam as it has submitted documents requesting an investment license for an automobile manufacturing plant in Lac Thinh industrial park with a total registered capital of US$271 million.
We’re all for more beer but the last thing Vietnam needs is more of the light, generic variety. Is a microbrewery or two too much to ask for?
[Tuoi Tre // Photo via Chris Jones]
