Sierad Expands Poultry Breeding Business

by 5m Editor
1 November 2011, at 12:31pm

INDONESIA - Indonesian Poultry integrator, Sierad, is to invest around IDR 350 billion to expand its poultry breeding business.

Sierad Produce Tbk recently held a special ceremony at the farms at the Lebak Regency of Banten Province to mark the project.

The project aims to build five farms and a hatchery on a 250 hectare site.

Three of the farms are expected to be in operation shortly.

The company said the project is being financed by PT. Bank Negara Indonesia (Persero) Tbk. and other stakeholders.

When fully operational the farms are expected to produce 15 million day old chicks a year, according to reports.