Charoen Pokphand Group (CP), a regional leader for poultry and pork meat, has unveiled plan to expand its long term investment in Vietnam via its subsidiaries. It will focus on value-added food processing, upgrading of technology and sustainability.
Montri Suwanposri, Vice Chairman of CP Vietnam Livestock Corp., said deep processing and exports will be among the group’s key investment priorities. The company plans to expand poultry processing capacity, build new processing facilities, and further develop its hygienic slaughterhouse network.
CPV Food Binh Phuoc’s Dong Nai province-based integrated poultry farming and processing complex, one of the group’s flagship export facilities, currently has a processing capacity of around 1 million chickens a week for export. CP Group plans to invest an additional US$200 million to double capacity to 2 million chickens per week. The group also plans to invest about US$300 million in a new poultry processing plant in the northern province of Phu Tho, with a capacity of 1 million chickens per week, to strengthen supply and support export growth.
In the pork business, CP Vietnam operates 5 slaughterhouses nationwide and plans to invest another US$100 million to expand its hygienic pork processing network to meet domestic and international standards.
The company operates an integrated ‘feed-farm-food’ model, allowing it to manage the entire supply chain from breeding and farming to processing and distribution, improving product traceability and food safety.
Alongside capacity expansion, CP Group will also step up the use of AI, digital technologies and data analytics in livestock management to improve production efficiency, optimize operations, and strengthen quality control across its supply chain.
The company is also investing in energy-efficient technologies, renewable energy, and resource recycling as part of its sustainability strategy.
