CP Vietnam, a subsidiary of Thai CP Foods, has kicked off construction at its aquaculture feed plant in the Mekong Delta Province of Ca Mau, the Vietnamese provincial government said in a statement last week.
A ceremony to launch the construction was held on 4 November in the Khanh An Industrial Park in U Minh District, where the project is located.
The plant will cost VND 1.725 trillion (USD 74.4 million, EUR 62.7 million). It will be built on an area of 17.7 hectares with a designed capacity to produce 124,800 metric tons (MT) per year of feeds for shrimp and fish. Feed products from the plant will serve Ca Mau and other provinces in the region.
Ca Mau has more than 300,000 hectares of aquaculture areas, with a strong focus on shrimp farming. Its shrimp farming area and shrimp output account for 40 percent and 30 percent of the country’s totals, respectively. In 2019, the province produced total 200,000 MT of shrimp, Thuy san Viet Nam Magazine quoted the province’s vice chairman of the People’s Committee Le Van Su as saying at the ceremony.
Su also suggested CP Vietnam study the feasibility of building a shrimp hatchery in the province’s Nam Can Economic Zone. He said Ca Mau supports the company to implement aquaculture projects, especially high-tech shrimp farms, in the province.
CP Vietnam currently runs three aquaculture feed plants, six shrimp farms, eight shrimp hatcheries and two seafood processing plants across the country, according to its website.
CP Vietnam’s Executive Vice President Adisak Torsakul, who is in charge of its aquaculture business, said in 2018 that the company exported around 20,000 MT a year of shrimp and pangasius products from Vietnam to Japan, Australia, China, United Kingdom and other European countries, CP Foods said in a statement.
