Addressing the ceremony, Minister of Agriculture and Rural Development Nguyen Xuan Cuong welcomed the large agricultural project of the group, affirming that it will contribute actively to livestock development.
The Minister also urged the Masan Group to focus its resources so as the project will be on schedule, as well as ensure material supply, processing methods and expand consumption markets.
According to Nguyen Dang Quang, Chairman of the Board of Directors of the Masan Group, the complex will cost over VND1 trillion (US$44 million) and sit on 10 ha in the industrial park. It will have an annual capacity of 140,000 tonnes.
The plant will use Danish technology and operate in line with the standards of the US Food and Drugs Administration, Quang said.