Paragon broiler integration in Bangladesh is launching a new venture under the name of Paragon Agro Limited.
As a wholly owned subsidiary of the Paragon Group, Paragon Agro Limited has invested in the first Novogen layer GP farm and hatchery in the country, to produce, market and distribute both brown and white layer parent stock.
According to Paragon Group MD Moshiur Rahman, the availability of locally produced layer PS will lower egg prices in Bangladesh, boosting demand by a 35-40%, while the availability of layer PS will reduce the country’s current dependency on imports.
For the new GP hatchery, Paragon will work with Dutch hatchery technology company Pas Reform.