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INVESTMENTON-GOING PROJECTS

VND3 trillion high-tech agricultural project commences its construction in Thai Binh

Updated at Sunday, 26 Feb 2017, 17:07
The Hanoitimes - TH Group held a groundbreaking ceremony on February 24 for a high-tech agricultural project on producing organic vegetables, fruits and rice in Dung Nghia Commune, Vu Thu District, Thai Binh Province.
Attending the event were Deputy Prime Minister (PM) Trinh Dinh Dung and Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
 Deputy Prime Minister Trinh Dinh Dung speaks at the event.
Deputy Prime Minister Trinh Dinh Dung speaks at the event.
The project has over VND3 trillion (US$132 million) of investment and covers a total production area of around 3,000ha, including 1,000ha for the production of fruits and vegetables and 2,000ha for the production of rice.
Being the first hi-tech agricultural project in Thai Binh province, this integrated project will cover all stages of production, from incubation, cultivation, extraction, and harvesting to processing, packing and distribution of products. All products are made under the Global GAP and Organic standards.
The standards include five “no”, including “no chemical-based fertilizer”, “no chemical-based pesticide”, “no growth stimulation”, “no preservative”, and “no variety with genetically modified organism.”
The land for the project is rented from local farmers and the group will create favourable conditions in which for local households having leased land to work for the project.
TH Chairwoman Thai Huong said that agricultural products will be produced to meet Global GAP and Organic standards without chemical fertilisers, chemical pesticides, growth stimulus chemicals, preservatives and genetically modified seeds.
The highlight of the project is the combination of high-tech agricultural products and eco-tourism, which is expected to increase the value of the agricultural sector and promote the cultural identity of the nation, Huong noted.
Speaking at the groundbreaking ceremony, Deputy PM Trinh Dinh Dung said: “We highly appreciate TH Group’s great contributions to Vietnam’s construction of hi-tech agricultural sector. The project is expected to help Thai Binh province to develop its hi-tech agricultural sector and create many jobs for locals”.
The Deputy PM told localities to continue to improve the investment environment and accumulate land to serve large-sized agricultural projects.
He also called on enterprises to invest in high-tech agriculture to increase the added value for the agricultural sector while creating more jobs for local people.
Delegates attend a groundbreaking ceremony.
Delegates attend a groundbreaking ceremony.
At present, while constructing a US$2.7 billion hi-tech concentrated dairy and fresh milk production project in Russia, TH Group is considering the construction of a major similar project in the Republic of Bashkortostan, a federal subject of Russia.
Since 2009, TH Group has also been operating a US$1.2 billion, 37,000ha hi-tech concentrated dairy and fresh milk production project in the central province of Nghe An’s Nghia Dan district.
Along with agricultural projects, TH has also been focusing on developing educational and training projects. 
Translated by Thu Minh
Source: Trong Tung-Kinhtedothi.vn
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