De Heus and Hung Nhon Group operating in the Vietnamese southern province of Binh Phuoc have set up a joint venture to invest in a VND1.5 trillion (US$64.1 million) high-tech swine breeding project in the Central Highlands province of Dak Lak, the Vietnam News Agency reported.
According to general director of Hung Nhon Group Vu Manh Hung, the two companies recognised the importance of establishing a disease-free area for the Vietnamese livestock industry, and the project is expected to meet increasing swine demand in the next two years, as African swine fever is affecting many localities including Binh Phuoc.
This is a good chance for them to produce the best breeding pigs for Vietnamese farmers, he added.
Covering an area of about 200 ha (2 million square metres), the project includes a 80-ha farm to raise about 2,400 breeding pigs imported from the Netherlands, along with a feed processing plant, slaughter houses, fertiliser production areas, and poultry farms.
Hung Nhon Group has developed from a chicken farm for more than a decade. It now boasts a closed livestock chain using high technology for production, with 20 farms supplying three million chickens annually and eight layer farms providing 130 million eggs a year. It also has 48 swine farms supplying 9,600 breeding sows and 250,000 piglets a year.