1. Project name:  Vegetable Oil Processing Plant

2. Project objective: Construction of the plant for processing vegetable oil products and other sub-products made from oil.

3. Project location:

Hoai Nhon, Phu My District;

Long My Industrial Zone (Quy Nhon City), Small-scale Industrial Zone along National Road 19.

4. Market:

Export and domestic consumption.

5. Form of investment:

100% foreign owned capital or joint-venture

6. Inputs (raw materials and Intermediate products):

The plantation area of peanut is approximately 12,000 ha,  of cashew is more than 15,000 ha, and of coconut is 13,000 ha and other oil-seed plants like soya-bean, sesame, etc. All can be processed for local consumption and export.

Development orientation in area and productivity:

Kind of tree	Up to the year 2005		Up to the year 2010
	Area (ha)	Productivity	Area (ha)	Productivity
Ground nut	15,000	2 tons/ha	"	2.5 tons/ha
Cashew	15,000	800 kg/ha	25,000	1 tons/ha
Coconut	13,000	8 tons/ha	"	10 tons/ha
Soya-bean	3,000	2.5 tons/ha	"	2.8 tons/ha

7. Energy and Utilities:

The proposed sites are conveniently accessible to power and water supply, communication, transport and labour supply.

8. Contact Address:

Department of Agriculture and Rural Development of Binh Dinh Province

Add: 77 Le Hong Phong St., Quy Nhon City, Binh Dinh Province

Tel: (84.56) 822534, 822917, 825647   Fax: (84.56) 827777

Investment Promotion Center of Binh Dinh Province

Add: 35 Le Loi St., Quy Nhon City, Binh Dinh Province

Tel: (84.56) 818886, 818888, 818889  Fax: (84.56) 818887

E-mail: ipcbinhdinh@vnn.vn   

Website: www.binhdinhinvest.gov.vn

Management Board of Industrial Zones of Binh Dinh Province

Add: 65 Tay Son St., Quy Nhon City, Binh Dinh Province

Tel: (84.56) 846651, 846413   Fax: (84.56) 846616

E-mail: bqlkcnbd@dng.vnn.vn