Aboitiz Foods has opened its newest $45 million feed mill in Long An, Vietnam, incorporating the latest technology and equipment. The feed mill aims to facilitate efficient trade of finished goods and raw materials, reducing customers’ time and costs.
One of the leading integrated food and agribusiness companies, Aboitiz Foods has inaugurated its latest and most advanced feed mill in Long An, Vietnam. With an investment of $45 million, this state-of-the-art facility is the company’s largest investment in the country to date, solidifying its commitment to growing its footprint in Vietnam and across Southeast Asia, the company pointed out.
The Gold Coin Long An Feed Mill spans 3.8 hectares and features cutting-edge Industry 4.0 technology and a modern laboratory, capable of producing 300,000 metric tons of livestock and animal nutrition feed annually. The company explained that this state-of-the-art facility replaces the Dong Nai mill and complements its fully operational Binh Duong plant, bringing Aboitiz Foods’ total feed production capacity in Vietnam to 1.1 million metric tons. It plays a crucial role in meeting the growing demand for high-quality animal nutrition in southern Vietnam.
“This inauguration is a significant milestone not only for Aboitiz Foods and our Gold Coin Feed-Agribusiness Division but the entire Aboitiz Group,” said Tristan Aboitiz, Aboitiz Foods President and CEO. “Vietnam is a key market of ours and this new facility reinforces our strong position in the country and marks a significant step in building our regional feed platform.”
Situated near a long river route with a private port, the feed mill aims to facilitate efficient trade of finished goods and raw materials, reducing customers’ time and costs. This strategic location enhances food supply and safety chains for central, southern, and Mekong Delta provinces, supporting sustainable growth and employment and ultimately contributing to the economy of Long An province, according to the company’s statement.
“This state-of-the-art facility embodies our commitment to Vietnam and the region,” expressed Eric Nojac, Business CEO of Aboitiz Foods. “Through this feed mill, we will continue to lead in the agribusiness space, delivering top-quality products and solutions that contribute to the country’s progress and prosperity.”