Thai firm to export poultry products to Asia and Europe by 2020

Illustrative photo (Source: VNA)

HANOI, May 16, 2019, VNA. The Thai-funded C.P. Vietnam Corporation said it will begin shipping Vietnamese processed poultry products to Asia and Europe in the second quarter of 2020, with export volume estimated at 3,000 tonnes per month, reported the Vietnam News Agency.

To realise the target, the company has established its CPV Food limited company at the Becamex Binh Phuoc industrial park in the southern province of Binh Phuoc. It is a closed-chain production line to breed, raise and slaughter chickens as well as process final products. The first phase of the project runs from 2019 to 2023.

Under the project, there will be an animal feed plant to produce 0.3 million tonnes of feed annually and five breeding farms to turn out 53.6 million chicks annually. The first batch of breeding chickens is expected to be introduced to the farms this July.

C.P. Vietnam Corporation will also construct 21 chicken farms capable of raising 52 million heads a year. A slaughter – processing plan to make 116,000 tonnes of poultry meat, 36,000 tonnes of processed poultry meat and 2,100 tonnes of feather meal on an annual basis is also part of the project.

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