Japfa Vietnam inaugurates its sixth animal feed mill in Binh Dinh

21-Nov-2020 Intellasia | VNS | 6:02 AM Print This Post

Japfa Comfeed Vietnam Co., Ltd (Japfa Vietnam), officially inaugurated its sixth feed mill in Nhon Hoa Industrial Park, An Nhon District, central Binh Dinh Province on Wednesday.

With an investment capital of VND300 billion (US$13 million), the high-tech mill aimed to supply high-quality animal feed for markets in the central region of Vietnam.

Constructed on an area of seven hectares and equipped with an automatic production line from mixing raw materials to finished products, the feed mill can provide 180,000 tonnes of animal feed per year.

“With the mission of “Growing towards mutual prosperity”, Japfa Binh Dinh Feed Mill will offer more value to stakeholders, creating more jobs and giving more job opportunities for local people. We also expect to contribute more to the development and prosperity of Binh Dinh Province and Vietnam,” said Japfa Vietnam general director Arif Widjaja.

“Along with other five mills in Vinh Phuc, Thai Binh, Hoa Binh, Long An and Binh Thuan provinces, the official operation of our sixth feed mill will facilitate the achievement of some key targets in both the short and long term, such as obtaining one million tonnes of feed in 2020, occupying approximately 5 per cent market share and keeping average growth of 12 per cent yearly,” added Widjaja.

In October, Japfa Vietnam kicked off a high-tech swine farm project in southern Binh Phuoc Province as one of the country’s largest swine farms with total investment capital of VND500 billion, equivalent to $22 million. The 40-hectare farm with a capacity of raising 48,000 fattening pigs can supply more than 14,000 tonnes of live hogs yearly. Earlier, in July 2020, the company also launched its first aqua feed products and set a 10-year target of achieving accumulated sales of 200,000 tonnes of aqua feed per year.

Starting business in Vietnam in 1996, Japfa Vietnam is a leading company in feed and farm business with six feed mills, more than 300 professional poultry and swine farms and more than 20 meat shops serving fresh meat and processed food products under Japfa Best brand. Japfa Vietnam set an ambitious target of providing two million tonnes of feed in the next five years, building more feed mills and reaffirming its position as one of the leading feed and animal agriculture producers in Vietnam.

http://bizhub.vn/corporate-news/japfa-Vietnam-inaugurates-its-sixth-animal-feed-mill-in-binh-dinh_320289.html

 

Category: Business, Vietnam

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