Thai Binh attracts many investment projects in agriculture
The Red River delta province of Thai Binh is scheduled to present licences to 11 investment projects worth 2,016 billion VND (87.65 million USD) at a conference on April 8.
Thai Binh (VNA) – The RedRiver delta province of Thai Binh is scheduled to present licences to 11 investmentprojects worth 2,016 billion VND (87.65 million USD) at a conference to promoteinvestment in agriculture and rural areas on April 8.
The information was revealed byChief of the provincial People’s Committee Office Lai Van Hoan at a pressconference in the province on April 7.
According to Hoan, the provincewill also give approval to investors to conduct research on 19 projects worth20,925 billion VND (909.7 million USD) specialised in hi-tech agriculturalproducts and aquaculture.
On the occasion, three projectson the construction of roads in the build-transfer and build-operate-transfermodel with combined registered capital of 2,717 billion VND (118.1 million USD)will also receive investment certificates.
Notably among the agriculturalprojects is a 7.8 trillion VND (339.1 billion USD) scheme on agriculturalindustrialisation and a chain of manufacturing, harvesting, processing,transporting and distributing farm produce on a 2,000ha area in Quynh Phudistrict run by a joint venture between THACO Group and Loc Troi Group.
The event will also witness thesigning of agreements on the provision of credit and social welfare packagesworth 59 billion VND (2.56 million USD).
Pham Van Xuyen, Vice Chairman ofthe provincial People’s Committee, emphasised that it will be the largest-everagricultural investment promotion conference in Thai Binh, laying a foundationfor the province to make five breakthroughs in agricultural development in thefuture.-VNA
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Illustrative image (Source: VNA) 
