GODACO plans to export US$80 million of seafood in 2014

(vasep.com.vn) In 2014, Godaco Seafood Joint Stock Company (Godaco) targets to earn US$80 million from seafood exports as its new seafood processing plant put into operation, said Mr. Le Son Tung, Vice Director of the company.

The new plant zone with the area of 7 hectares includes a pangasius fillet processing workshop, a fishmeal processing workshop and cold storage. Of more than VND250 billion of the total investment, VND 150 billion is invested into modern equipments and automatic conveyor.

In the 1st phase, the plant’s processing capacity is 150 MT of raw fish per day and 100 MT of by-products per day. Its cold storage has capacity of 5,000 MT of products. The plant will employ 1,500 local workers.

In 2014, the company plans to invest into a 230-hectare farming area, meeting 70 percent of raw material demand for its processing plants. It will expand more 3 fish feed processing lines and boost producing value-added products for export and domestic consumption.

In 2013, the company exported US$40 million of seafood to EU, Middle East and North America. 

www.godaco-seafood.com.vn


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