The investment was discussed during a meeting on Monday between the companies’ executives and Nguyen Van Ut, Chairman of the Tay Ninh People’s Committee.

It will fund a network of 12 projects spanning raw material production, breeding, farming, processing, and exports.

Once completed, the complex is expected to transform Tay Ninh into one of Southeast Asia’s leading high-tech agricultural hubs, generating around $2 billion in annual revenue for the De Heus-Hung Nhon joint venture by 2030.

A key component of the plan is the province’s first high-tech poultry slaughtering and processing facility, with an annual capacity of 52 million heads of livestock and 132,000 tons of processed products.

The facility, equipped with European production lines and meeting Halal, ISO 22000, and FSSC 22000 standards, is slated for completion by late 2026 and will target export markets in the EU, Middle East, Japan, and South Korea.

The investment also covers the development of clean feed crop zones to ensure strict control over pesticide residues and mycotoxins.

Early investment in modern processing capacity is expected to boost competitiveness for Tay Ninh’s livestock sector and the broader southern region.

Tay Ninh Chairman Ut said the province will offer full policy support to facilitate the project’s implementation, expressing hope it will help build Tay Ninh’s reputation as an international agricultural brand.

Beyond Tay Ninh, the De Heus-Hung Nhon partnership is also developing similar high-tech agricultural complexes in Vietnam’s central provinces of Lam Dong, Dak Lak, and Gia Lai. Facilities in Dak Lak and Lam Dong are already operational, while the Gia Lai project is expected to launch in early 2026.

Recently, De Heus signed an agreement to wholly acquire South Korean CJ Feed & Care’s operations in some Asian markets, including Vietnam.

In its announcement early this month, De Heus said that the acquisition of CJ Feed & Care reinforces its position in Vietnam, Indonesia, and Cambodia, while enabling direct market access to South Korea and the Philippines. This acquisition includes 17 feed mills, and the transaction is expected to close in the first half of 2026.

Since its entry into Vietnam in 2009, De Heus has steadily built a strong presence across Asia. It now operates 23 factories in Vietnam, including 14 ones acquired from Vietnamese conglomerate Masan.