CPV Food Co., Ltd., a subsidiary of C.P Vietnam Corporation inaugurated its CPV Food Complex

CPV Food Co., Ltd., a subsidiary of C.P Vietnam Corporation inaugurated its CPV Food Complex

CPV Food Co., Ltd., a subsidiary of C.P Vietnam Corporation (belongs to Charoen Pokphand Foods Public Company Limited – CPF), inaugurated its CPV Food Complex on 23 December 2020.

Located at Lot B5-CN Becamex Binh Phuoc industrial zone, Minh Thanh ward, Chon Thanh District, Binh Phuoc province, CPV Food Complex is the largest and most advanced complex with fully intergrated model for breeding and processing chickens for export in Southeast Asia.

CPV Food Binh Phuoc export chicken processing plant complex is seen as making a major contribution to the economic development of the province and local people. CPV Food Binh Phuoc Fully integrated Complex Project represents an initial investment of $250 million and has a capacity of 100 million broilers /year (after 2023). CPV Food Binh Phuoc adds another level to Vietnam’s livestock industry, providing high-quality chicken meat products with tight food safety both for domestic consumers and export. Japan will take 45% of exports, Europe 35%, Asia 10% and the Middle East 10%.

It is expected to generate foreign currency export turnover of $100 million annually in stage 1 and $200 million annually in stage 2.