First high-tech farming project begins in Thai Binh

Feb 27th at 16:43
27-02-2017 16:43:25+07:00

First high-tech farming project begins in Thai Binh

Construction of the first high-tech agriculture project in the northern province of Thai Binh was begun on Friday.

Located in the Dung Nghia Commune of the province’s Vu Thu District, the VND3 trillion (US$135 million) project will focus on growing organic vegetables and fruits, as well as high-quality rice.

The project will cover 3,000 hectares, of which 2,000 hectares will be reserved for paddy cultivation and rice production.

TH Group, the project’s investor, plans to make the project a production chain, beginning with the seed nursery, cultivation, harvesting, processing, packaging and product distribution.

Also, the production will comply with Global Good Agricultural Practice (GAP) and Organic Standards to meet the “Five zero” goals (no chemical fertilisers, no chemical pesticides, no growth stimulation, no preservatives and no genetically modified seeds).

Chairman of the provincial People’s Committee Nguyen Hong Dien noted that this is the province’s first hi-tech project in the field of agriculture.

When coming into operation, it will help build and develop a technology model to grow organic vegetables and high-quality rice, meeting the increasing demand for safe food consumption and exports.

Dien asked local agencies to encourage businesses to rent agricultural land and actively assist investors by creating a friendly and safe investment environment, and by quickly solving difficulties arising during the implementation process.

Further, Thai Binh Province commits to accompany enterprises, as well as study the mechanisms and policies to create the most favourable conditions for TH Group's long-term and efficient investment in the area, the chairman noted.

Speaking at the ceremony, Deputy Prime Minister Trinh Dinh Dung said that he appreciate TH Group for investing in this high-tech agricultural project, which will pave the way for more businesses to invest in this area.

Additionally, he asked localities to continue to improve the investment environment and accumulate land to serve large-d agricultural projects. He also called on enterprises to invest in high-tech agriculture to increase the added value in the agricultural sector, while creating more jobs for local people.

Since 2009, TH Group has also been operating a $1.2 billion, 37,000ha hi-tech dairy and fresh milk production project in the central province of Nghe An’s Nghia Dan District.

bizhub



NEWS SAME CATEGORY

Deputy PM demands review of fee at ports

Deputy Prime Minister Vuong Dinh Hue has asked ministries to review the collection of fees for the use of infrastructure, service facilities and public utilities at...

Vietnam an important market for U.S. agricultural products: diplomat

The year 2016 was a successful one for U.S. food and alcoholic beverage exports to Vietnam, Consul General Mary Tarnowka stated at a Friday celebration of U.S. food...

Innovation centres can breed startups: Deputy PM

Businesses should be innovative and creative in using Information Technology (IT) advances to grow, Deputy Prime Minister Vu Duc Dam said yesterday.

Giants of Korean entertainment industry enter Vietnam market

More and more giants of the Korean entertainment industry enter Vietnam in many different ways and are gradually coming to dominate the market.

TH Group kicks off construction of new major hi-tech agricultural project

Locally-owned TH Group, famous for its TH true MILK brand, has officially added to its hi-tech agricultural investment portfolio by a new $136.4 million project in...

ANZ paints rosy outlook for VN economy

Viet Nam is likely to have something to crow about during the Year of the Rooster as several factors will facilitate socio-economic growth, ANZ Vietnam said on...

FDI hits $3.4 billion in first two months

Foreign direct investment (FDI) in Viet Nam reached US$3.4 billion in the first two months of the year, up 21.5 per cent, compared to the same period last year, the...

Deputy PM slams foot-dragging on losing firms

 Deputy Prime Minister Vuong Dinh Hue on Wednesday slammed the delay in closing down or restructuring losing industry and trade projects, stressing that the...

Taxis claim unfair competition

Taxi firms are calling for fair competition with tech-based rivals Uber and Grab, which have seen a rapid development in the past two years in Viet Nam.

VN issues restructuring action programme

The Government has issued an action programme to implement the policies on economic restructuring and building of a new growth model for the period between 2016 and...


MOST READ


Back To Top