Over 73.2 mln USD to develop hi-tech agriculture projects
Over 73.2 mln USD to develop hi-tech agriculture projects in Binh Phuoc
More than 1.7 trillion VND (73.2 million USD) will be invested in three high-tech agriculture projects in the southern province of Binh Phuoc, under an agreement inked between the provincial People’s Committee and its partners on August 26.
Binh Phuoc (VNA) – More than 1.7trillion VND (73.2 million USD) will be invested in three high-tech agricultureprojects in the southern province of Binh Phuoc, under an agreement inkedbetween the provincial People’s Committee and its partners on August 26.
Accordingly, a joint-venture will be set upbetween Netherlands-based Royal De Heus Animal Nutrition and local Hung NhonGroup, which will land some 1.15 trillion VND to construct a high-quality chickenfarming for export. The project is designed to raise 10 million chickens eachyear and ship 5,000 aboard each day.
Meanwhile, a total of 500 billion USD will besplashed out in a 100-hectare high-tech beef cattle farming zone. The project,developed by Hung Nhon Group and T&T 159 Livestock Production Joint StockCompany in Hoa Binh province, is expected to create jobs for 15,000 locallabourers.
An area for planting, gathering, purchasing,preserving and packaging fruits will be constructed by Hung Nhon Group andChanh Thu Fruit Import & Export Company at the total cost of 100 billionVND. The project will provide some 20,000 tonnes of high-quality fruits forboth domestic and foreign markets every year, and generate jobs for 200 localworkers.
According to agricultural counselor at the DutchEmbassy in Hanoi Willem Schoustra, fertile soil and minimum impact of harshweather conditions have made Binh Phuoc province an ideal place to branch outcultivating area of cashew, rubber and pepper, orchards, as well as safehusbandry farms.
Vice Chairman of the provincial People’sCommittee Huynh Anh Minh spoke highly of the three agricultural projects,saying they are encouraged to form specialized farming areas in the province.
He asked relevant sides to put forth theimplementation of the project so as to affirm the position of localagricultural products.-VNA
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At the signing ceremony (Photo: VNA) 
