US$65 million poured into hi-tech agricultural complex in Kon Tum

November 30, 2021 - 12:40

Hùng Nhơn Group and Netherlands-based De Heus Group have signed a memorandum of understanding with the People's Committee of Kon Tum province on investment cooperation in a complex of hi-tech agricultural zones in Đắk Lắk.

At the signing ceremony. — Photo nongnghiep.vn

KON TUM — Hùng Nhơn Group and Netherlands-based De Heus Group have signed a memorandum of understanding with the People's Committee of Kon Tum Province on investment cooperation in a complex of hi-tech agricultural zones in Đắk Lắk.

Under the MoU, the two groups will engage in developing a pig breeding farm that will cover 200ha and total investment of US$65 million. It will apply advanced technology to produce high-quality agricultural products following a closed chain meeting European standards, as well as organic cattle feed and fertiliser.

Once completed and put into operation, the project will create jobs for 250-300 local labourers, contributing to the economic development of the province.

On this occasion, Hùng Nhơn Group and De Heus Group have donated six monitors and 4,000 test kits worth VNĐ1 billion ($44,120) to the province’s COVID-19 prevention and control fund. — VNS

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