JBS to Invest $100 Million in Two New Plants in Vietnam

JBS has confirmed plans to open two factories in Vietnam, in accordance to what had been previously announced by President Lula. In a statement, the company revealed a $100 million investment plan to build the plants, aiming not only to expand its presence in the region but also to strengthen its global market reach.

The plants will produce beef, pork, and poultry, relying primarily on raw materials imported from Brazil to supply both the Vietnamese market and other countries in Southeast Asia.

The agreement was formalized early Saturday through a Memorandum of Understanding (MOU) with the Vietnamese government, represented by the Northern Investment Promotion, Information and Support Center (NIPISC), and Sao Do Group, which manages the Nam Dinh Vu Industrial and Non-Tariff Zone.

According to the company, the initiative aligns with Vietnam’s socioeconomic development goals, which focus on increasing local production and expanding the country’s role in the international meat trade.

For Renato Costa, president of Friboi, the investment reflects JBS’s commitment to sustainable and strategic growth in Southeast Asia. “The new factories in Vietnam are not just about expanding production capacity—they are an investment with purpose: generating value for the local economy, creating skilled jobs, and contributing to food security across Southeast Asia. We are investing in the future, with a focus on innovation, sustainability, and development,” he stated.

The plan’s first phase will be established at the Nam Dinh Vu Industrial Park, where a logistics hub will be built to handle storage, pre-processing, cutting, and packaging activities. The second phase, set to take place in southern Vietnam, is expected to begin two years after the first facility starts operations and will feature similar infrastructure, including another logistics center and a processing plant.

With this investment, JBS reinforces its commitment to diversifying production and expanding operations in strategic regions. “The partnership between JBS, the Vietnamese government, and our local partners is a critical strategic step in our geographic diversification. 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 further enhances our competitiveness in the international market,” Costa highlighted.

With the launch of these two factories, the company is expected to create 500 new jobs in the region.

Source: Globo Rural

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