JBS, Brazilian meat company and poultry producer, has allocated a USD 100 million investment in two processing plants in Vietnam, expanding its position in Southeast Asia and global markets.
The processing plants will be responsible for processing poultry, beef and pork and will primarily use raw materials imported from Brazil to supply Vietnam and other Southeast Asian countries.
- The first phase of the investment will see JBS construct a logistics center with storage capacity, including pre-processing, cutting and packaging operations, in the north of the country.
- The second phase, in the south, is expected to begin two years after the first unit starts operations and will feature similar infrastructure, including a new logistics center and processing plant.
“This partnership between JBS, the Vietnamese government, and our local partners represents a critical strategic step in our geographic diversification,” said Renato Costa, President of Friboi, JBS’ beef division.
“This move not only strengthens our ability to serve the local market but also expands our global presence, creating a robust and sustainable supply chain that positions us even more competitively in the market.”