BAF Vietnam Agriculture Joint Stock Company (HOSE: BAF) on September 28 signed a joint venture cooperation agreement with Muyuan Foodstuff Group from China to build and operate a multi-story livestock farm project, integrated with a feed mill, in Tay Ninh province in southern Vietnam.

The project has an estimated scale of 64,000 sows and 1.6 million market pigs per year; the feed mill's estimated capacity is 600,000 tons per year; the total investment is VND12 trillion (about $455 million), with projected annual revenue of VND10 trillion.

This project received investment policy approval from the Tay Ninh Provincial People's Committee in June, and Government approval for implementation in August. It is part of BAF's strategy to reach a scale of 10 million commercial pigs by 2030.

According to practical surveys, multi-story livestock farming models are recognized for their numerous superior advantages:

First, they optimize land area and labor. This model can save 5-8 times the land area and reduce 20-30% of labor compared to traditional farms.

Second, this model enhances productivity and operational efficiency thanks to a smart, automated management system, which helps tightly control factors such as temperature, humidity, nutrition, and animal health.

Third, it offers superior disease control and biosecurity, with a multi-story separated design and a 4-layer air filtration system, helping prevent cross-contamination and reducing the risk of disease outbreaks.