LONG AN, VIETNAM — Aboitiz Foods, a regional integrated food and agribusiness company, has begun operations at its new $45 million feed mill in Long An, Vietnam, with an annual production capacity of 300,000 tonnes of livestock and animal nutrition feed to serve a growing market.

The Gold Coin Long An Feed Mill covers 3.8 hectares and features cutting-edge Industry 4.0 technology and a modern laboratory, Aboitiz Foods said in its Oct. 10 announcement. The facility replaces the Dong Nai mill and complements Aboitiz Foods’ Binh Duong plant, bringing the company’s total feed production capacity in Vietnam to 1.1 million tonnes. It is Aboitiz Foods' sixth feed mill in Vietnam.

“This inauguration is a significant milestone not only for Aboitiz Foods and our Gold Coin Feed-Agribusiness Division but the entire Aboitiz Group,” said Tristan Aboitiz, president and chief executive officer of Aboitiz Foods. “Vietnam is a key market of ours, and this new facility reinforces our strong position in the country and marks a significant step in building our regional feed platform.”

Positioned near a long river route with a private port, Gold Coin Long An Feed Mill will facilitate efficient trade of finished goods and raw materials, reducing time and costs for customers, Aboitiz Foods said. The strategic location is expected to enhance food supply and safety chains for central, southern, and Mekong Delta provinces while supporting sustainable growth and employment in the Long An province.

Aboitiz Foods, a subsidiary of Philippines-based Aboitiz Group, is one of Asia’s largest privately owned food and agribusiness companies. Through its Pilmico and Gold Coin businesses, Aboitiz Foods integrates trading, feeds, specialty nutrition and food. The Gold Coin Long An Feed Mill is the company’s largest investment in Vietnam to date.