14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

US's Cargill to promote investment in Vietnam

Thu Minh

Nov 19, 2015 / 07:13 PM

Cargill has been building its 12th animal feed plant in Vietnam with a total investment capital of 30 million USD in the southern province of Binh Duong.

According to the US group’s Chairman David McLennan, the animal feed market in Vietnam has a relatively high potential, Cargill group has had plans to invest new factories in the country.
Cargill is constructing its 12th animal feed plant in Vietnam with a total investment capital of 30 million USD and a capacity of 260,000 tonnes a year in the southern province of Binh Duong. The factory is set to go into operation in the first quarter of 2017.

Cargill has invested 180 million USD to develop its animal feed mills system in Vietnam since 1995.

The group has invested 180 million USD to develop its animal feed mills system with a total capacity of 1.3 million tonnes a year in the country since 1995.
Cargill signed a 10 million USD deal with the Sai Gon International Terminals Vietnam to build warehouse in Phu My.
Apart from expanding its investment in Vietnam, the group vows to support farming households and small farms by providing them with training in animal breeding.
Besides, Cargill also plans to expand its charity work as its commitment to the sustainable development of the group in the country.

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