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| A farmer harvests sugarcanes. Tuy Hòa Sugarcane and Sugar JSC will enhance its capacity to improve the income of sugarcarn growers and increase its revenue. — VNA/VNS Photo |
Viet Nam News
HÀ NỘI — Authorities of the central province of Phú Yên have agreed to the Tuy Hòa Sugarcane and Sugar JSC’s plan to raise production capacity .
The company will enhance its capacity from 2,300 tonnes per day to 3,200 tonnes per day starting from the 2017-18 crop.
Trần Ngọc Hiếu, chairman of the board of directors, said the company would invest more than VNĐ209 billion (US$9.17 million) from now until the end of the year to increase capacity.
Nguyễn Chí Hiến, vice chairman of the provincial People’s Committee, said the factory’s plan was aimed at improving the income of sugarcarn growers and increasing revenue for the company while contributing to the development of the Vietnamese sugarcane and sugar industry.
It would also help in socio-economic development of the province, especially in the mountainous areas where sugarcane was a key crop with an area of over 16,000ha, he added.
The Tuy Hòa sugar factory was built more than 20 years ago in Hòa Phú Commune, Tây Hòa District, with initial capacity of 1,250 tonnes per day.
The factory has set a target of producing 26,900 tonnes of refined standard sugar in the 2016-17 crop. — VNS
