CPV Food Complex Project- the largest complex of breeding and processing chicken for export in Southeast Asia so far – has been put into operation at Becamex – Binh Phuoc Industrial Park in Chon Thanh district, the southern province of Binh Phuoc.
The project has an initially investment capital of 250 million USD and a designed capacity of 100 million chickens per year (after 2023), according to a press release on December 29.
It is expected to bring in foreign currency of 100 million USD/year in phase 1 and 200 million USD/year in the second phase.
CPV Food Complex is one of the large and important projects of CP Group and is the first project on fully integrated exporting chicken of Vietnam with the largest scale in Southeast Asia.
“Investing in Vietnam for more than a quarter of a century, we deeply comprehend the macroscopic policy of the Vietnam Government and the direction of the Ministry of Agriculture and Rural Development in promoting Vietnam to become a food manufacturing country which meets international standards and increase exports. With the strength and success experience in exporting poultry meat over 20 years of CP Group, we confidently set out mission of the self-sufficient chain project to export poultry meat from Vietnam. The mission of ‘improving food quality in Vietnam, contributing to carry Vietnam on the map of branded poultry meat exports in the world,” said Montri Suwanposri – President of CP Vietnam Corporation (CPV) said.
The project complies completely with traceability procedure throughout the entire supply chain from raw materials for food production to processed products, meeting all the strict criteria from importing countries.
It includes one feed factory, five brood chicken farms, one hatchery factory, 24 broiler farms and one slaughter-processing factory.
The project is divided into two phases, of which the first phase of 2019-2023 has been implemented in six localities in Binh Phuoc province including Dong Xoai city, Binh Long town, Dong Phu district, Chon Thanh district, Hon Quan district, and Bu Dang district with the scale of processing 50 million chickens per year, meanwhile the second phase will increase capacity of processing up to 100 million chickens per year.
In addition, the plant also takes advantage of technology application such as artificial intelligence (AI) and big data (Big Data) in management, operation, and breeding and production.
With its modern operation methods, the chicken processing factory is expected to provide high-quality, safe chicken products for not only domestic consumers but also international markets like Japan, Europe, Asia and the Middle East.
“The application of 4.0 technology, artificial intelligence, big data in the management and production is evaluated as the key stage, creating a breakthrough, in order to improve productivity and quality of product, improve competitiveness with reasonable prices, and aim for sustainable development of export and livestock. Therefore, Vietnam can believe and be proud that there is a self-sufficient chain model of chicken exports with extra technology, which meets standards of quality, biosafety, disease safety, and environmental friendliness for export to all countries in the world, even the difficult markets such as Europe and Japan. Creating a strong premise for Vietnamese’s livestock industry reaching out to the world,” Montri said.
Vietnam’s processed chicken exports continue to increase in 2020 with Koyu & Unitek in Dong Nai province being the major exporter. The company plans to export 3,625 tons of processed chicken, worth $20 million this year, Vietnam net reported.
Vietnam has made considerable improvements in animal husbandry skills, epidemic risk management and food safety. Fowl breeding nationwide has obtained an annual growth rate of 6.5 percent per annum. The Ministry of Agriculture and Rural Development reported that Vietnam exported $11 million worth of chicken in 2019.
However, it is not easy to meet international standards, especially in a global economic slowdown because of COVID-19.
Vietnam has been behind Thailand in accessing the Japanese market, though many livestock companies affirm that the quality of their products is equal to Thailand’s.
Japan every year imports 1 million tons of poultry meat each year, but it mostly imports products from Brazil, Thailand and China. In 2017, when Vietnam was preparing to export its first consignment of chicken to Japan, Thailand had just finished a prosperous year with 700,000 tons of exports to Japan and other markets.