December 24, 2024

 

Japan's Sojitz starts operations at beef processing plant in Vinh Phuc, Vietnam

 

 

 

Japanese company Sojitz on December 17 put its $500 million beef processing plant in the northern province of Vinh Phuc, Vietnam, into operation, it said in a release.

 

The facility, Tam Dao Farm, one of the largest in Vietnam, is the first in the country to process refrigerated beef. All meat will be processed in a controlled, highly sanitised environment, according to Sojitz.

 

The firm aims to soon increase the plant's annual slaughter capacity to 30,000 cattle heads and process 10,000 tonnes of meat.

 

The beef products will be distributed using Sojitz's four-temperature, cold-chain logistics service in Vietnam with plans to conduct sales to mid- to high-end hotels and restaurants in the customer network of local firm Dai Tan Viet JSC, Sojitz's largest commercial food wholesaler in the country.

 

In March 2025, Sojitz plans to start operating a cattle farm near the processing plant and will provide a stable supply of high-quality beef products through an integrated system for all processes from farming to processing and sales.

 

Sojitz highlighted the potential of the beef market in Vietnam, as the country's consumption is modest at 500,000 tonnes a year.

 

Vietnam's meat market focuses more on pork and chicken, according to Sojitz.


- The Investor

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