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| The company will import 16,000 cows during the first stage and the rest will bring the entire number to 24,000 cows. — File Photo |
THANH HOA (Biz Hub) — The Vietnam Dairy Products Joint Stock Company (Vinamilk) kicked off construction on a project to raise dairy cows at Thong Nhat Farm in the central province of Thanh Hoa yesterday.
The company will import 16,000 cows during the first stage and the rest will bring the entire number to 24,000 cows.
According to the provincial People's Committee, the project covers 2,500ha in Ngoc Lac, Tho Xuan, Cam Thuy and Yen Dinh communes with a total investment of VND1.6 trillion ($73 million). It aims to produce 36 million litres of milk per year and will start operating in 2017.
Vinamilk will build a milk processing factory here to reduce costs and provide 1,000 jobs for locals. — VNS