Haid is investing in local production capacity in markets where livestock and aquaculture sectors are expanding.
The plant will have a 150,000-tonne annual capacity.
The new facility will produce feed for poultry, pigs, and aquaculture, with a particular focus on tilapia and carp.
Haid Group projects its net profit attributable to shareholders will rise to between US$348.6 million and US$390.5 million in the first half of 2025, marking a year-on-year increase of 17.6% to 31.8%.