Dutch firm in­vests in lo­cal feed fac­tory

The Myanmar Times - - Front Page - MYAT NOE OO my­at­noeoo@mm­times.com

Dutch firm De Heus has in­vested 10 mil­lion euro in set­ting up a lo­cal an­i­mal feed fac­tory in re­sponse to strong lo­cal de­mand.

AF­TER five years of im­port­ing Viet­namese prod­ucts into Myan­mar, Dutch an­i­mal feed com­pany De Heus has opened a fac­tory in Myan­mar to start pro­duc­ing for the lo­cal mar­ket di­rectly.

The firm is start­ing with a 10 mil­lion euro (K14 bil­lion; US$11.2 mil­lion) for­eign di­rect in­vest­ment and aims to pro­duce 240,000 tonnes of feed a year to start with, said Jo­han van den Ban, the com­pany’s man­ag­ing di­rec­tor in Myan­mar.

“We’ll pro­duce more ac­cord­ing to lo­cal de­mand,” he added.

The firm has been sell­ing an­i­mal nu­tri­tion prod­ucts in Myan­mar for the last five years, but im­ported them from its Viet­nam op­er­a­tions. In re­sponse to lo­cal de­mand and a strong po­ten­tial mar­ket, De Heus de­cided the time was right for a lo­cal Myan­mar fa­cil­ity.

De Hues held an open­ing cer­e­mony for the new fac­tory, which is based in the Myaung­taga in­dus­trial zone in Yan­gon re­gion’s Hmawbi town­ship, on Oc­to­ber 1. Feed pro­duced at the fac­tory will be distributed across the whole of Myan­mar, Mr van den Ban said.

The lo­ca­tion near the Hlaing River will al­low the firm to ship in raw ma­te­ri­als and ship out fin­ished prod­ucts at low cost, said U Aye Maung Zan, sales man­ager from De Heus Myan­mar.

“Our com­pany re­lies on the river in every coun­try with a [De Heus] fac­tory,” he said. “We re­duce trans­porta­tion costs so we can also re­duce in the price of our prod­ucts.”

A reliance on high-tech ma­chin­ery means that the fac­tory will only em­ploy 22 peo­ple, U Thu Hla Zaw, pro­duc­tion su­per­vi­sor at De Heus Myan­mar said.

De Heus, which was founded in 1911, is head­quar­tered in the Nether­lands but has fac­to­ries in more than 50 coun­tries in Europe, Asia, the Mid­dle East, Africa and Latin Amer­i­can.

‘Our com­pany re­lies on the river in every coun­try with a fac­tory.’

Aye Maung Zan De Heus Myan­mar

Photo: EPA

Farm­ers plough the land with cows in Nay Pyi Taw.

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