HCMC to get animal feed plant

Japanese firms Sojitz and Kyodo Shiryo recently confirmed a joint investment of 2 billion JPY yen ($26 million) into building an animal feed processing plant in the outskirts of Ho Chi Minh City .

The plant is expected to be operational by April 2013 and have a total processing capacity of nearly 200,000 tonnes per year.

By 2020, the joint-venture plans to control a 10 per cent market share in supplying cattle feed to Vietnam, based on revenues expected to have reached 80 billion JPY ($1.04 billion) annually.

Tags: animal feed plant

Posted by VBN on Sep 6 2011. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry