European Investment Bank will finance half the cost of the facility, which is aimed at boosting local plant-based protein production. The plant will use Swedish-grown peas to reduce soy imports and support sustainable food systems.
The deal marks another expansion move by Global Eggs, a company linked to Brazilian businessman Ricardo Faria.
The facilities will be constructed in two phases under an agreement with the Vietnamese government, focusing on beef, pork, and poultry production.
Al-Ra’i National Livestock Company has obtained funding for sheep and goat farming to enhance the country’s livestock and meat production.
The five-year contract will see Aldi become the UK’s largest seller of British wagyu steaks. Warrendale Wagyu has been supplying Aldi since 2020 and works with 800 British farmers.