CPF to build fish feed plant in Vietnam
The Vietnamese division of Thai feed company Charoen Pokphand Foods has received an investment licence from the southern province of Ben Tre in Vietnam to open a US$68.5 million plant to produce feed for fish and shrimp farming.
The project, the biggest yet of its kind in the province, will cover an area
of 12ha at the An Hiep Industrial Complex in Chau Thanh District. When completed
in August 2008, the plant will operate with total capacity of 384,000 tonnes per
year.
“This is the province’s first plant producing fish food. It will
play an important role in helping develop the provinces economy,” said Nguyen
Truc Son, director of the provincial Trade Promotion Centre.
Son said
that investing in the province would be advantageous for the project because it
would receive many preferential conditions.
Moreover, many people in the
region were raising fish and shrimp, so there would be a market for the plants
goods, he said.
The Cuu Long (Mekong) Delta province has 40,000ha being
used for raising prawns and catfish.
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