Betagro invests millions in new pig farm in Thailand
Betagro, major Thai agricultural firm, has announced that it is investing millions in a new pig farm in Lop Buri province, Thailand.
The investment is said to be more than 300 million baht (7.9 million euros). This new investment is due to the company wanting to strengthen its pig business. With the new farm having the capacity to produce 2,500 great-grandparent pigs (GGPs) from breeds such as Large White, Landrace and Duroc, executive vice-president Vasit Taepaisitphongse stated.
“Our 10th hog farm is part of our commitment to quality and food safety. It is in full compliance with international farm standards, especially the use of animal-friendly buildings that promote animal welfare,” Taepaisitphongse said.
European-standard electronic sow feeders using RFID (radio frequency identification) are fitted at the farm, for better traceability and feeding.
The Betagro Group aims to supply over 3 million pigs per annum for its processing plant within the next five years, up from fewer than 1 million now.
According to a report by the Bangkok Post, Betagro last year reported 68 billion baht in sales, an increase from 61 billion in 2011 - animal feed and poultry contributing the most.
The farm is scheduled to be fully operational by the end of 2014.
Source: Bangkok Post
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