BAF Vietnam & Muyuan Foods Sign $454M Deal for High-Rise Pig Farming in Vietnam
BAF Vietnam Agriculture JSC has signed a significant deal with China's Muyuan Foods Co., Ltd to develop a cutting-edge, high-rise pig farming project in Vietnam. The project, valued at VND12 trillion ($454.3 million), aims to modernise and transform the country's livestock sector, ensuring a stable and sustainable pork supply.
The multi-storey pig farming model, set to be launched in Tay Ninh, maximises land efficiency by up to eight times and reduces labour requirements by as much as 30 per cent. This practical solution addresses the challenge of limited farmland in Vietnam.
The project, a joint venture between BAF Vietnam, AgriAsia, and Big Dutchman, involves building a 64,000-sow farm integrated with an animal feed factory. It is expected to produce around 1.6 million market pigs and 600,000 tonnes of feed annually. The model also helps minimise disease risks, protect the pig herd's health, and increase business efficiency.
BAF targets expanding its herd to 450,000 sows and 10 million market hogs by 2030. The company's CEO, Bui Huong Giang, has stated that this project is a key step towards achieving this goal.
The high-rise pig farming project in Tay Ninh, Vietnam, is expected to generate annual revenue of VND10 trillion ($378.5 million). Once all legal and construction procedures are completed, the project will commence, marking a significant step in Vietnam's efforts to modernise its livestock sector.
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