AIG starts work on $24 mln coconut processing plant in southern Vietnam
Asia Ingredients Group (AIG), a leading supplier and manufacturer of food ingredients and packaged food in Vietnam, has begun construction of a second large-scale coconut processing plant in Vietnam’s Mekong Delta as the company expands capacity to meet rising global demand for processed coconut products.
The project, named Asia Coconut Processing Plant II (ACP2), officially broke ground on Monday at Long Phuoc Industrial Cluster in Vinh Long province, one of Vietnam’s key coconut-growing regions.
The facility is developed by Asia Coconut Processing JSC, a subsidiary of AIG, and represents the company’s second coconut processing complex following the launch of its first plant in the province.
Groundbreaking ceremony for the Asia Coconut Processing Plant II takes place on May 11, 2026 in Vinh Long province, southern Vietnam. Photo courtesy of AIG.
ACP2 has a total investment of nearly VND630 billion ($23.9 million) and spans almost 60,000 square meters. Full operations are expected to begin in the first quarter of 2027.
A core component of the project is an ultra-high temperature (UHT) sterilization line supplied by Sweden’s Tetra Pak, with an annual capacity of 48,000 tons.
The factory will also include a frozen coconut milk production line with annual capacity of 16,000 tons, along with two desiccated coconut processing lines capable of producing a combined 2,400 tons annually.
The company said the project is designed to strengthen industrial-scale coconut supply chains in Vinh Long while supporting local employment and farmer incomes in the Mekong Delta, Vietnam’s main agricultural production hub.
According to AIG, its processed agricultural products are currently exported to more than 50 countries and territories, including the United States, Europe, Japan, South Korea, and Halal markets in the Middle East.
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