Model of $66 million hi-tech farming project which will be built in the Central highland province of Dak Lak this year. — Photo baochinhphu.vn

A hi-tech agricultural complex, expected to cost US$66 million, will be developed in the Central Highlands province of Dak Lak late this year.

The complex's construction follows a Memorandum of Understanding signed on Tuesday in Buon Ma Thuot City between the provincial People’s Committee and Hung Nhon Group from the southern province of Binh Phuoc and the De Heus Group from the Netherlands.

Construction on the project, spanning 200ha, will extend from the third quarter this year to the fourth quarter of 2025.

The complex includes an 80ha farm for 2,400 breeding pigs selected and imported from the Netherlands; a 30ha chicken breeding area; and a 15ha plant for pork slaughtering and organic fertiliser production.

Once completed, the complex will become a leading centre for hi-tech application in animal husbandry, creation of chained products, animal feed, organic fertiliser, and commercial livestock products with the best quality in Viet Nam, according to the company.

It aims for exports to the Southeast Asian region, Vu Manh Hung, chairman of the Hung Nhon Group, said.

While providing safe breeding stocks for Central Highlands and southern provinces, the complex will also generate up to 300 local jobs, Hung said, adding that he hoped to receive support from local authorities to develop the project.

The chairman of the provincial People’s Committee, Pham Ngoc Nghi, said the province has huge potential to develop agriculture, especially farmland. The agricultural park complex is in line with the province’s strategy to develop its agricultural economy, he said.

Nghi pledged to create all possible conditions for investors to complete the project. — VNS