Quang Ninh eyes large-scale dairy project
The project is expected to cost nearly VND6 trillion (US$258 million).
TH Group has sent a proposal to the Quang Ninh People’s Committee on the development of a large-scale dairy cow project, which will be home to 20,000 cows in Dam Ha District.
The project is expected to cost nearly VND6 trillion (US$258 million), vietnamplus.vn reported.
The online newspaper cited a representative from TH Group as saying the project would comprise a factory and high-tech farm cluster in connection with processing and selling.
The representative also suggested popularising the model of high-tech milk cow breeding cooperatives for sustainable development in Dam Ha, Tien Yen and Hai Ha districts and other neighbouring areas. A project on planting fruit trees and timber covering an area of 9,560ha was also proposed.
The group also proposed ideas on green tourism in the eastern part of the locality.
During a meeting with the group last week, local authorities proposed a number of preferential policies for investors interested in promoting farming production.
Praising the proposals by TH Group, authorities asked the firm to conduct more surveys and a detailed plan for each area without changing the land use purpose.
They also agreed on the ideal of eco-tourism development, saying that the province will direct agencies and localities to support the firm during the project design and survey process.
In her speech at the ground-breaking ceremony of a high-tech dairy cow farm cluster project in Thanh Hoa Province in May, Thai Huong – TH Group’s founder – said she hoped to support farmers with some 200,000 cows through the high-tech co-operative model by 2025.
Meanwhile, the group also aimed to double the number of cows under its close breeding chain to 400,000.
Its milk brand – TH true MILK – accounts for 40 per cent of market share in Viet Nam with more than 70 products. Its fresh milk capacity growth rate was over 22 per cent and achieved total revenue of VND7 trillion last year. — VNS
