The plant will be constructed on an area of 4.1ha with a design annual capacity of 150,000 tons. It will be equipped with hi-tech production technologies and equipment.
After the project comes into operation in January 2018 it will be the sixth animal feed plant of CJ Group in Vietnam.
Speaking at the ceremony, Ho Quoc Dung, chairman of the provincial People’s Committee, thanked CJ Group for choosing Binh Dinh as its destination to expand investment.
He hoped that the group will serve as a bridge to call on more Korean investors to the province and pledged to create favourable conditions for investors to operate effectively.
On the occasion, CJ Vina Agri donated VND100 million to victims of recent floods in the province.