Friday 23 September 2011

Tequ Group invests $10 million in feed factory in Vietnam

A Chinese company Sichuan Tequ Group has invested US$10 million (€7.405 million) in a new feed factory, in the northern part of Vietnam. This is the largest Chinese investment in Vietnam of its kind, the new facility will produce 400,000 tons annually. Hoang Kim Giao, director of the Livestock Breeding Department under the Vietnamese Ministry of Agriculture and Rural Development, said "Vietnamese government has always attached great importance to the development of livestock breeding industry, as the current feed market in Vietnam is still in short supply". This investment brings advanced feed production. Read more ...

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