CJ Feed Ingredient Vietnam was built on an area of 45,466sq.m at a cost of US$18.3 million. It specializes in producing feed ingredients, like fermented soybean, with an estimated capacity of 22,000 tons per year for domestic use and exports.CEO of CJ Vietnam Chang Bok Sang said the factory is equipped with high-tech production technologies and equipment imported from Korea to ensure product quality. It will assist farmers in feeding their livestock and raising profit.The construction of the plant demonstrates CJ group’s commitment to long-term investment in Vietnam and contributing to domestic industry development, Mr Sang said.Established in 1953, CJ is a global conglomerate with four business segments, including food and food services, biotechnology and pharmacy, entertainment and communications, and homeshopping and logistics.CJ has operated in Vietnam since 1998 with popular brands like Tous les Jours, CGV and SCJ TV Homeshopping.It has also launched many community development programs including the chilly planting project in Ninh Thuan province, bakery courses in Nghe An province, ToTo film making courses and others with a hope of bringing a better life for the Vietnamese people.