Japfa Comfeed Vietnam has opened a new animal feed mill and slaughterhouse in the Minh Hưng Sikico Industrial Park, Hớn Quản District, Bình Phước Province in Vietnam with investment of some $34 million.
Japfa Comfeed Vietnam (Japfa Vietnam), a leading agro industrial company with a focus on animal protein products, has inaugurated its animal feed mill and slaughterhouse located in the Minh Hung Sikico industrial zone, Hon Quan district, Binh Phuoc province in Vietnam. This investment is a significant milestone in the company’s “Feed-Farm-Food” model and underscores its unwavering commitment to sustainable development in the Vietnamese market.
“With the potential and experience of Japfa Vietnam, I believe that the animal feed production and slaughterhouse in Binh Phuoc, when put into operation, will make positive contributions to the process of integrating and developing Vietnam’s livestock industry in a safe, efficient, and sustainable manner,” said Phung Duc Tien, the Deputy Minister of Agriculture and Rural Development.
ONE OF JAPFA VIETNAM’S MOST ADVANCED PROJECTS
The Binh Phuoc animal feed mill is one of Japfa Vietnam’s most advanced projects. The Phase 1 project boasts an impressive, capacity of 240,000 tons per year for a total investment of nearly VND 400 billion. In Phase 2, the capacity will increase to a staggering 480,000 tons per year, demonstrating the company’s strong commitment to serving the needs of the Southeast and Central Highlands markets.
As environmental sustainability is a top priority for Japfa Vietnam, the feed mill is provided with a wastewater treatment system capable of processing up to 100m3/day and a boiler exhaust gas treatment technology that underscores the company’s commitment to minimizing its carbon footprint.
INVESTMENTS IN FEED-FARM-FOOD SUPPLY CHAIN
Japfa has also invested more than VND 400 billion in the construction of a slaughterhouse in Binh Phuoc province. Spanning nearly 15 hectares, the facility boasts a capacity of 60,000 chickens per day and is equipped with cutting-edge infrastructure and imported from the EU. The facility meets high standards, including GMP, HACCP, ISO 22000, and FSSC 22000, ensuring that customers receive only the highest-quality products.
At the same time, Japfa invested more than 160 billion VND in building an aqua feed mill in Long An in 2022. The company has made significant strides in the development of aquatic feed for popular species such as pangasius, tilapia, anabas, and frogs, under the STP brand. With a design capacity of 60,000 tons of products per year, the facility’s first phase has already achieved 30,000 tons.
Japfa Vietnam’s General Director Arif Widjaja, highlighted the company’s ambition: “The three projects will enable Japfa Vietnam to reach 1.5 million tons by 2023 and strengthen further our vertical integration through the Feed-Farm-Food supply chain, while also employing more than 200 local workers. We will continue to optimize our production capacity, train human resources, and improve product quality to provide value to customers and achieve mutual prosperity”.
MORE OPPORTUNITIES FOR POTENTIAL FOREIGN INVESTORS
As Vietnam and Indonesia approach the 10th anniversary of their strategic partnership in 2023, the two countries have set a new bilateral trade target of $15 billion by 2028. Currently, over 30 Indonesian companies have invested a total of $638.8 million in Vietnam. At the inauguration event, the Ambassador Extraordinary and Plenipotentiary of Indonesia to Vietnam, Denny Abdi, expressed his pleasure, recognizing Japfa Group as one of the successful Indonesian investors in Vietnam. He believes that the inauguration of Japfa’s Feed Mill and Slaughterhouse in Binh Phuoc will offer insights for more opportunities for potential foreign investors in Vietnam.
