The People's Committee of Tây Ninh Province has approved in principle the development of two large-scale high-tech agricultural projects in the locality. 

The first project is a chicken farm using a closed model, to be built by the Ninh Thuận-based southeast high-tech agriculture company in Tân Châu District. The farm, worth VNĐ60 billion (nearly US$2.5 million), covers about 67,400sq.m. It is expected to start construction in March 2024 and put into operation in May 2025.

The second is a high-tech cigarette production factory, to be developed by Tây Ninh Tobacco One Member Ltd Co. It will span over 20,200sq.m in Tân Biên District. 

The investor said it will sign purchasing agreements with existing raw material growing areas in Lạng Sơn, Cao Bằng, and Long An provinces.

Tây Ninh is part of the southern key economic zone also comprising HCM City, and Bình Dương and Long An provinces. Its Mộc Bài border gate plays a major role in facilitating trade.

In the first half of this year, the province's economy grew by 4.07 per cent, the second highest rate in the southeastern region.

During the period, it also attracted $896 million worth of investment, in which foreign investment increased 130 per cent over the same period last year, according to the committee. 

Relevant authorities have been instructed to create favourable conditions for new investment projects, especially by resolving land-related issues.

Local authorities will help businesses take advantage of supportive policies. — VNS