Key facts
- Sheng Long Aqua Technology is investing $32 million in Malaysia.
- The investment is for the company's first aquafeed manufacturing facility in Malaysia.
- Sheng Long Aqua Technology is a subsidiary of China-based Guangdong Haid Group.
- The facility is scheduled to begin operations in 2028.
- The plant will have an annual production capacity of 150,000 metric tons.
Sheng Long Aqua Technology, a subsidiary of the China-based Guangdong Haid Group, is making a substantial investment of approximately $32 million to construct its inaugural aquafeed manufacturing facility in Malaysia. This new plant is slated to begin operations in the year 2028. Upon completion, the facility will boast a combined annual production capacity of 150,000 metric tons. The establishment of this facility represents a key strategic move for Guangdong Haid Group, expanding its operational footprint into the Southeast Asian region and bolstering its production capabilities in the aquafeed sector. The investment underscores the growing demand for aquaculture products and the associated feed inputs in Malaysia and the broader region.