May 30, 2016

 

Cargill opens 11th feed mill in Vietnam

 

 

 

Cargill has officially inaugurated a US$8.5 million animal nutrition plant in Nghe An province on May 28.

 

The event was attended by representatives of the Ministry of Planning and Investment (MPI), the Ministry of Agriculture and Rural Development (MARD), the Nghe An provincial authorities, the US embassy in Vietnam, farmers from the North-Central provinces of Vietnam, and global leaders of the Cargill animal nutrition enterprise. This brings Cargill's total number of animal feed mills in Vietnam to 11.

 

The new facility will provide feed for livestock and will have a total capacity of 66,000 tonnes per year. It will incorporate Cargill's firm approach to feed safety, ingredient quality and product integrity. The company aims to provide customers with safe, trusted feed that maximises the performance of their operations, which in turn helps to improve food safety across Vietnam's supply chain.

 

"Vietnam is one of our best performing markets in our animal nutrition business globally. This has been possible thanks to the hard work of our local Cargill team and by working very closely with the government, our customers and suppliers, the provincial authorities, and the farming communities around Vietnam. Our success in Vietnam is an invigorating story of how we are able to grow our business in a country, and at the same time contribute to the development of agricultural practices and improve the livelihoods of thousands of farmers," said Sarena Lin, president of Cargill's global feed and nutrition business.

 

"In the face of a general slowdown in the Southeast Asia region, Vietnam's economy continues to perform very well and foreign investments along with exports are on the rise. The agricultural sector is currently suffering from a terrible drought, but in the long run, we, at Cargill, see good growth potential in the industry. We will continue to invest in our animal nutrition business and the opening of our plant in Nghe An is testament of our commitment," added Jorge Becerra, country representative and managing director of Cargill's feed and nutrition business in Vietnam.

 

Cargill is also on track to meet its commitment to build 100 schools in Vietnam by 2020 across rural communities in Vietnam. As of May 2016, the company has already opened 78 schools. At the opening of the animal nutrition plant in Nghe An, Le Minh Thong, vice chairman of the People's Committee of Nghe An province said, "The presence of Cargill will help Nghe An become a big centre for animal feed production in Vietnam, help the economic structure transference and the growth of agriculture, especially the production of livestock, poultry and aquaculture in Nghe An and the Northern-Central provinces. The investment of Cargill will create jobs and improve the income of local people and increase the national budget in Nghe An province."

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