Property developer FLC Group said it will inject 1.5 billion USD into agricultural development across 15,000 hectares of lands in Vietnam during 2018 – 2019.
Hanoi (VNA) - Propertydeveloper FLC Group said it will inject 1.5 billionUSD into agricultural development across 15,000 hectares of lands in Vietnamduring 2018 – 2019.
In line with theplan, a move to grow FAM – a FLC subsidiary specializing in the production andimport-export of farm produce, the group is committed to support farmers in improvingtheir productivity, product quality, and distribution.
Most recently,FLC and the Vietnam Farmer’s Union signed a memorandum of understanding as partof a cooperation programme on farming development in contribution to new-stylerural building and agricultural restructuring.
Accordingly, thesides will assist farmers in building farming cooperatives meeting standards tobe part of FLC’s production chain. They will promote safe farm produce andhigh-tech production models invested by the group. Human resources training,technology transfer, and field trip organisation are also included in theengagement.
Last year, FLCsigned an agreement with Japan’s Farmdo Company to jointly develop a 4,000hahi-tech agricultural farm combining solar energy – one of the world’smost advanced models in the sector.
This model uses double-sided solar panels to cover agricultural land, allowingfor renewable energy, even as crops continue to receive most of the sunshineand agricultural machinery remains stable.
In addition, Farmdo will also transfer advanced farming technologies used inJapan to FLC.-VNA
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Illustrative photo (Source: cafef.vn) 
