Aboitiz Foods, the integrated food and agribusiness unit of Aboitiz Equity Ventures, has inaugurated its latest and most advanced feed mill in Long An, Vietnam which entailed a $45 million investment.
In a statement, the firm said this state-of-the-art facility is the company’s largest investment in the country to date, solidifying its commitment to growing its footprint in Vietnam and across Southeast Asia.
The Gold Coin Long An Feed Mill spans 3.8 hectares and features cutting-edge Industry 4.0 technology and a modern laboratory, capable of producing 300,000 metric tons of livestock and animal nutrition feed annually.
This new facility replaces the Dong Nai mill and complements our fully operational Binh Duong plant, bringing Aboitiz Foods’ total feed production capacity in Vietnam to 1.1 million metric tons.
It plays a crucial role in meeting the growing demand for high-quality animal nutrition in southern Vietnam.
“This inauguration is a significant milestone not only for Aboitiz Foods and our Gold Coin Feed-Agribusiness Division but the entire Aboitiz Group,” said Aboitiz Foods President and CEO Tristan Aboitiz.
He noted that, ”Vietnam is a key market of ours and this new facility reinforces our strong position in the country and marks a significant step in building our regional feed platform.”
Situated near a long river route with a private port, the feed mill facilitates efficient trade of finished goods and raw materials, reducing customers' time and costs.
This strategic location enhances food supply and safety chains for central, southern, and Mekong Delta provinces, supporting sustainable growth and employment and ultimately contributing to the economy of Long An province.
“This state-of-the-art facility embodies our commitment to Vietnam and the region. Through this feed mill, we will continue to lead in the agribusiness space, delivering top-quality products and solutions that contribute to the country’s progress and prosperity,” said Aboitiz Foods Business CEO Eric Nojac.
As Aboitiz Foods continues to expand its operations in Vietnam, the company remains committed to nurturing the future of agribusiness across Asia through innovative feed solutions and strong partnerships with local communities.