Hai Duong Haid Company Limited, member of Singapore’s Haid Group, inaugurated an animal feed plant on Thursday at Dai An industrial extension zone in the northern province of Hai Duong.

This is a foreign direct investment (FDI) project by Haid Group with a total investment of US$15 million.

The factory is located on a 3.5ha area and started operations at the end of 2017. It specialises in producing and trading of animal feed, poultry and aquatic feed with an output of 500,000 tonnes every year.

Assessing the role of the project, Nguyen Duong Thai, chairman of Hai Duong People’s Committee, confirmed that the project was completed within a year. He also hoped that the success of this project would motivate more investors from Singapore to invest in the province.

Haid Group specialises in research and supply of agricultural products such as fish feed, animal feed and animal protection products. So far, the total feed production of the group has been nine million tonnes in a year.

Haid Group has more than 200 companies worldwide.

To ensure continuous development, the group has invested in six factories in Viet Nam. These are located in Dong Nai, Nha Trang City of Khanh Hoa Province, Long An, Binh Duong and Hai Duong. These factories manufacture a variety of feeds for aquaculture, breeding and trading of high-quality fish and shrimp, as well as for farming and trading of cattle and poultry. — VNS