Vietnam's TH Group plans to open dairy plant in Russia's Kaluga Region in May - governor

KALUGA. April 4 (Interfax) - Vietnam's TH Group plans to launch the first line of a dairy plant in Russia's Kaluga Region in May, regional governor Vladislav Shapsha posted on his Telegram channel.

"We have visited the construction site of the dairy plant of the TH True Milk company with the Vietnamese government's deputy prime minister. Construction and installation work is nearing completion. Equipment is being installed. The opening of the first line is scheduled for May this year," Shapsha posted.

As reported, construction began on the plant in 2018, with the investment volume estimated at $155 million. The project was supposed to be implemented in three stages, with the launch of the first stage in 2019 and reaching full capacity by 2021. The company then postponed commissioning the facility to 2024, then to 2025.

TH Group is a large manufacturer of dairy products in Vietnam.