Cargill builds 30-million-dollar animal feed plant in Binh Duong

The US food processing company Cargill said that it has invested US$30 million to build an animal feed plant in Binh Duong Province, heard at a press conference held on the occasion of 150th anniversary of the company’s establishment and 20 th year in Vietnam.
The animal feed plant has a capacity of 260,000 tons per annum and is expected to start operation in the first half of 2017. The company has built 12 animal feed plants in Vietnam in total at a cost of $180 million with total capacity of 1.3 million tons of animal feed per annum, accounting for about 9 percent of total industrial animal feed production in Vietnam.
Moreover, Cargill has also come into an agreement with Saigon International Terminals Vietnam in building a warehouse for grains and oily nuts at Phu My Port in Ho Chi Minh City with an investment of $10 million. The company pledged that it will build 25 more schools in rural areas by 2020.

By Cong Phien – Translated by Thuy Doan

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