Minh Phu targets hike in farming volumes to boost integration efforts

(06/11/19)

Vietnam's Minh Phu Seafood Joint Stock Company is planning a significant hike in its shrimp farming capabilities following a $150 million investment from Japan's Mitsui & Co., according to the May 2018 investment prospectus it used to attract said funding.

As previously reported by Undercurrent News, Minh Phu has big plans for its processing capacity, with an intended investment of $145.5m due over the course of the next six or seven years.

It expects to reach 200,000 metric tons of processing capacity across five factories, and to help fill these plants it.......................................................


Click here to read the rest of this article:
https://www.undercurrentnews.com/