Authorities in Vietnam’s Dak Lak province have approved investment policies for two industrial‑scale pig farming projects valued at nearly USD 16 million. The decisions underscore the province’s growing appeal as a destination for high-tech livestock production.
The Dak Lak Department of Finance confirmed that one project is the Tan Phat 1 pig farm, developed by Tan Phat Production and Investment JSC. Covering 145,362 sqm, the facility is designed to raise about 18,000 market pigs per cycle. Total investment is estimated at USD 4.7 million, including USD 1.2 million in equity contributed by the company, with the remainder financed through other sources.
Projects target closed-loop farming model
The second project is led by Farm 9 JSC. It will occupy 328,485 sqm and is designed to house 2500 sows, 40 breeding boars, and 30,000 market pigs per cycle. Investment is estimated at USD 10.6 million, with USD 2 million in company equity. The remaining capital will be mobilized from other funding sources.
Both projects are planned under closed‑loop industrial farming models. The aim is to improve product quality while supporting the modernization and sustainable development of Dak Lak’s livestock sector. Local authorities said the projects are expected to create jobs, increase rural incomes, and contribute to local economic growth once operational.
Dak Lak strengthens investment climate
The approvals come amid broader efforts to attract capital into Dak Lak. In April 2026, the province endorsed four new projects with total registered capital of USD 46 million. During the same period, the province also adjusted investment policies for nine other projects.
Since the start of 2026, Dak Lak has approved 10 projects with combined registered capital of nearly USD 185 million. In addition, 24 projects have revised their investment policies, including two that received capital increases totaling USD 31 million.
These figures highlight Dak Lak’s continuing drive to attract investment and strengthen its role in Vietnam’s livestock and agricultural development. The recent approvals add momentum to the province’s strategy of expanding modern farming projects while diversifying investment flows.