China’s New Hope Liuhe completes first pig farm in Vietnam

New Hope Liuhe has completed construction of its first overseas pig farm in Binh Phuoc province, Vietnam.

The farm, with annual production of 300,000 pigs, is one of three that New Hope Liuhe, the agribusiness subsidiary of New Hope Group, has invested in recently in Southeast Asia as it targets becoming one of the world’s top three pig producers by 2022.

The farm is expected to start receiving pigs in November and eventually house 13,500 sows. The farm boasts multi-layered sanitization and disinfection systems and animal waste treatment facilities worth 20 million yuan ($3 million), all part of New Hope’s upgraded biosecurity efforts.

The new farms expand New Hope’s footprint in Southeast Asia on top of its existing eight feed firms in Vietnam, which sold more than 700,000 tonnes of feed in 2018.

The company also plans to build a feed mill on the Binh Phuoc farm to minimize the risk of exposing feed to viruses in the open air and during transport.

Source: Reuters