On April 16, 2024, in Phu My 3 Specialized Industrial Park, Phu My Town, Ba Ria-Vung Tau Province, Showa Sangyo Group started the project of a prepared powder factory with a total investment of  more than VND 500 billion. The ceremony was held with the participation of the board of directors and employees of Thanh Binh Phu My Joint Stock Company and important partners. In particular, representatives from the investor Showa Sangyo also attended, marking their strong commitment to the project as well as to investment in the Vietnamese market.

The project is divided into 2 phases. Phase 1 is the production and processing of prepared mixed flours in food (pancake flour, octopus cake flour, donut flour, sponge cake flour, fried flour, crispy fried flour, ruffled flour and dry coat flour...) with a capacity of 19,000 tons/year. Phase 2 produces mixed sugar (a mixture of sugar, starch and food additives) used in food processing, with a capacity of 1,000 tons/year.

It is expected that phase 1 of the project will be completed and put into operation in the 2nd quarter of 2026; phase 2 will be put into operation in the 3rd quarter of 2027.

We are confident that this project will bring many economic and social benefits to the local community and contribute to the sustainable development of the industry in the region.