Thinh Phat-Muyuan Gia Lai Co., Ltd., a subsidiary of China’s Muyuan Vietnam Co., Ltd., is set to invest over VND3.61 trillion (approximately $137.95 million) in livestock farming in Gia Lai province. The investment includes two projects: a high-tech pig farm and an animal feed plant, both located in Po To commune.
Project Details
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High-Tech Pig Farm
- Area: Over 106 hectares
- Capacity: Designed for 16,200 sows and 209,000 fattening pigs per cycle, with an estimated 2.17 cycles per year.
- Investment: VND3.1 trillion ($118.3 million)
- Investor Equity: VND930 billion
- Mobilized Capital: VND2.17 trillion
- Timeline: Construction to begin in Q3 or Q4 of 2026, with production starting in Q1 2028.
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Animal Feed Plant
- Area: Over 6.5 hectares
- Production Capacity: 360,000 tons annually, including various types of livestock feed.
- Investment: VND515 billion ($19.65 million)
- Investor Equity: VND154.5 billion
- Mobilized Capital: VND360.5 billion
- Operations: Also expected to begin in Q1 2028.
Additional Information
- The project has received preliminary approvals from the provincial People’s Committee following an inspection by Chairman Pham Anh Tuan, who emphasized the importance of ensuring community benefits and infrastructure improvements.
- Liu Bo, CEO of Muyuan Vietnam, has expressed a goal to break ground on October 11, 2026, contingent on expedited provincial support.
- Thinh Phat-Muyuan Gia Lai is also considering an export-oriented meat processing plant in the coming years.
Company Overview
Founded on July 9, 2026, Thinh Phat-Muyuan Gia Lai is dedicated to pig farming and breeding, with a registered capital of VND1.5 trillion ($56 million). Muyuan Vietnam Co., Ltd. holds a 99% stake in the company and has seen rapid growth since its establishment in March 2025 as a subsidiary of Muyuan Foods, China’s largest pig farming entity.