Economy
VFF General Secretary Nguyễn Văn Phú's vision for Vietnamese football
1.
 |
| Delegates attend the ground-breaking ceremony of the Ninh Thuận feed processing factory. — VNA/VNS Photo Nguyễn Thành |
Viet Nam News
NINH THUẬN — Construction of a high-tech cattle feed processing factory kicked off on Sunday at the Phước Tiến Industrial Complex in Bác Ái District’s Phước Tiến Commune, southern Ninh Thuận Province.
Invested by the Ninh Thuận Agritech Hi-tech Co Ltd, the factory is built on an area of 11.7ha at a cost of VNĐ15 billion (US$666,600) in the first phase. The company expects to raise investment capital to VNĐ108 billion in the following phases depending on market demand.
Ninh Thuận Agritech general director Lê Văn Thanh said with designed capacity of 3,000-5,000 tonnes per day, the company needs to have a corn and herd farm covering an area of 4,000-6,000ha.
The company will link its production with households’ farming. Households will contribute farming land lots, while the company will pay for farmers to work on that land, fertiliser and farming technology, and seek markets, Thanh said.
Chairman of the provincial People’s Committee Lưu Xuân Vĩnh said this is a significant task that contributes to boosting the province’s modernisation and industrialisation process, creating jobs and increasing income for local farmers.
He asked the investor to mobilise resources to ensure construction quality, labour safety and environmental hygiene.
He also ordered the company to set up a recruitment plan with priority on local employment and fulfilling social responsibility.
Meanwhile, local departments and authorities must create favourable conditions for the firm during construction as well as facilitate its operation and business activities in the locality. — VNS
