Delegates at the ground-breaking ceremony (Photo: baocaobang.vn)
Cao Bang (VNA) – TH Group onOctober 17 began the construction of a high-tech dairy farm project in QuangHoa district, the northern mountainous province of Cao Bang.
With total investment capital of 2.54trillion VND (109.7 million USD), the project comprises a 63.7ha dairy farm, setto raise 10,000 cows, and a processing plant with an annual capacity of 49,000tonnes of milk.
Once operational, the project is expectedto contribute 600 billion VND to Cao Bang’s gross regional domestic product(GRDP) and over 200 billion VND to the local budget, while generating jobs andraising income for some 500 direct workers, and thousands of indirect labourers.
Part of Cao Bang’s smart agriculture developmentplan for the 2020-2025 period, with a vision towards 2030, the dairy cowproject uses cutting-edge technologies of Israel, New Zealand, the Netherlandsand Japan.
TH Group willcontinue to pursue the close-loop production system in the project andcoordinate with local farmers in developing material areas.
Speaking at theground-breaking ceremony, Deputy Minister of Agriculture and Rural DevelopmentPhung Duc Tien asked local authorities and competent agencies to facilitate theimplementation of the project.
Last month, TH Groupkicked off the construction of the largest dairy cow project in the CentralHighlands. It plans to carry out similar projects in the Mekong Delta provinceof An Giang, aiming to expand its cow herd to 400,000 heads by 2025./.
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