This is the company's sixth animal feed factory in Vietnam. Covering 3.8 hectares in Nhut Chanh Industrial Park, the plant is designed with a capacity of 300,000 tonnes per year, bringing Aboitiz Foods' total annual feed production in Vietnam to 1.1 million tonnes.

The Gold Coin Feedmill Long An will produce a range of feed products for livestock and poultry. The plant applies cutting-edge technologies in production and has invested in a modern laboratory to control of the quality of raw materials and finished products quickly and accurately, while promoting the research and development of new products.

Tristan Aboitiz, president and CEO of Aboitiz Foods, said, "The inauguration of the Gold Coin Feedmill Long An marks a milestone underscoring our commitment to nurturing growth in Asia, especially the Vietnamese market. Vietnam plays an important role in our development. We have set up our base in Vietnam with the largest number of employees the company has globally, and Vietnam will remain a key market for our business."

Ha Van Minh, general director of Gold Coin Vietnam, said, "As part of the development strategy for the past 10 years, the company has secured a footprint from north to south through the construction of six factories. Among them, the factory in Binh Duong will reach maximum capacity in 2025. The Gold Coin Feedmill Long An will add production capacity as well as act as a gateway to the Mekong Delta region. The company also plans to build a new factory in the central region."

Aboitiz Foods is a member of the Aboitiz Group, with 100 years of development and major investments in power, banking and financial services, food, infrastructure, and real estate.

By Thanh Van

Source: VIR

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