Skip to main content

Puratos Grand Place Vietnam

Debt : October 2017 - June 2023

Operating in Vietnam since 1994, Puratos Grand-Place Vietnam is a chocolate manufacturer specialised in chocolate covering and chocolate decorations.

Amount

€ 1,377,750.00

Type of investment

Debt

Development impacts

  • Local economic growth
  • Private sector consolidation/innovation
  • Food security & rural development

Beneficiary locations

Asia: Vietnam

Investment field

Enterprises

Activity

C10.82 Manufacture of cocoa, chocolate and sugar confectionery

Organisation

Puratos Grand Place Vietnam

Domicile

Vietnam

More investments in

Puratos Grand Place Vietnam

  • Subsidy € 104,347.00 (2018-2021)

Opened in 2009, the factory produces 3000 tons of chocolate per year for sale to prestige hotels and restaurants, bakeries, confectioners and ice-cream manufacturers. In addition, PGPV exports part of its production to North America and Asia.

Early 2011, PGPV launched the first chocolate made entirely in Vietnam, from the cultivation of the cacao to the final product. PGPV is to date the first producer in this country to integrate the cacao sector with its production. The use of cacao cultivated locally replaces the importation of raw materials required for the chocolate-making process. It also enables PGPV to bring down its ecological footprint and to maintain full control of quality at all the production stages.

Development impacts

  • Local economic growth

    Employment effects: At the full production cycle, the company will hire 15 FTE to manage the grinding line.

    Indirect employment effects: The company currently works with 2000 smallholders. Cocoa sourcing is difficult in Vietnam as the demand is increasing. The company aims to keep the attractiveness of Cocoa crops by providing a decent revenue to the small holders as Cocoa is in competition with other crops such as rubber and pomelo. Therefore, the company also offers training to improve the quality and yields of cocoa crops.

  • Private sector consolidation/innovation

    Production technology: The grinding line will be supplied by Bühler (Germany); it will be the first grinding line in the country.

    Completion/interlinking of the production structure: The investment will allow the full transformation of cocoa in Vietnam.

  • Food security & rural development

    Improved economic opportunities for farmers: The company currently works with 2000 smallholders. By improving the quality of the beans and offering training to the smallholders, their revenue are expected to increase. This is a primary goal of the company as Cocoa is in competition with other cultivation such as rubber and pomelo. Therefore this should create/improve economic opportunities for smallholders cultivating cocoa.

    Employment creation in rural areas: Sourcing of cocoa beans is not enough to cover the demand and therefore the company would like to increase cocoa plantation and the number of smallholders dedicating to cocoa cultivation. Therefore, the number of jobs related to cocoa production is expected to increase.

View more of our investments in this region

Amartha - Inclusive Capital Fund SPV

Financial Institutions

Amartha - Inclusive Capital Fund SPV

15,000,000.00

  Indonesia

  27/03/2025

  Debt

Alterfin

Financial Institutions

Alterfin

 350,000.00

  25/03/2025

  Subsidy

Mutual Trust Bank

Financial Institutions

Mutual Trust Bank

 25,167.00

  Bangladesh

  27/02/2025

  Subsidy

Navis Asia Credit Fund LP

Investment Companies & Funds

Navis Asia Credit Fund LP

15,000,000.00

  Indonesia, Philippines, Vietnam

  04/12/2024

  Equity

Navis Asia Credit Fund LP

Investment Companies & Funds

Navis Asia Credit Fund LP

5,000,000.00

  Indonesia, Philippines, Vietnam

  04/12/2024

  Equity

Geuther Vietnam

Enterprises

Geuther Vietnam

12,280.00

  Vietnam

  03/09/2024

  Subsidy

MAA General Assurance Phils Incl

Financial Institutions

MAA General Assurance Phils Incl

56,000.00

  Philippines

  22/08/2024

  Subsidy

candi solar

Infrastructure

candi solar

9,000,000.00

  South Africa, India

  31/07/2024

  Debt

EVN Finance Joint Stock Company

Financial Institutions

EVN Finance Joint Stock Company

 16,690.00

  Vietnam

  25/07/2024

  Subsidy