HANOI, VIETNAM — São Paulo, Brazil-based JBS is investing $100 million to build two new plants in Vietnam to strengthen the company’s presence in the region and in the global market. The plants will produce beef, pork and poultry, using raw materials mainly imported from Brazil that will supply the Vietnamese market and other Southeast Asian countries.
“The new factories in Vietnam will not only be an expansion of production capacity but an investment with purpose — to generate value for the local economy, create qualified jobs, contributing to food security throughout Southeast Asia,” said Renato Costa, president of Friboi, a JBS subsidiary. “We are investing in the future, with a focus on innovation, sustainability and development.”
The first phase of the project will be the construction of a logistics center with storage capacity, covering pre-processing, cutting and packaging operations. This facility will be located in Khu công nghiệp Nam Đình Vũ. The second phase consists of a facility in southern Vietnam with a similar infrastructure, including a new logistics center and processing plant.
JBS entered a Memorandum of Understanding (MOU) with the Vietnamese government on March 29 to proceed with the project. In the MOU, the agreement estimated that the second phase of construction will take place approximately two years after the first facility begins operations.
“The partnership between JBS, the Vietnamese government and our local partners represents an essential strategic step for our geographic diversification,” Costa said. “This move not only strengthens our ability to serve the local market but also expands our global presence, creating a robust and sustainable production chain that positions us even more competitively on the international stage.”
JBS plans to generate 500 new jobs in the region through the two plants, which will boost the country’s productive sector through the promotion of technical training and technology transfer programs for Vietnamese workers, the company said.