Vietnamese pangasius firm begins construction on green bond-backed processing plant

Renderings of the International Development and Investment Corporation's proposed seafood-processing plant in the Dong Thap Province
Renderings of the International Development and Investment Corporation's proposed seafood-processing plant in the Dong Thap Province | Image courtesy of the International Development and Investment Corporation
4 Min

The International Development and Investment Corporation (IDI) – Vietnam’s leading pangasius exporter – has begun work on a green bond-financed seafood processing-plant in the Mekong Delta region.

The firm held a ceremony on 7 January to mark the start of construction on its new Hoa Ky plant, the Vietnam Association of Seafood Exporters and Producers (VASEP) said in a statement.

The plant, equipped with machinery sourced from Europe, is designed to process around 120 metric tons (MT) of fish per day, producing 20,000 MT of frozen fish fillets annually.

Construction on the plant is expected to take 12 to 14 months, after which IDI's total processing capacity will exceed 500 MT per day.

The plant will require an investment of 


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