Vinh Phuc (VNA) – Ho Chi MinhCity-based Que Lam Group has inaugurated its bio-organic fertiliser plant, builtat a cost of 500 billion VND (21.54 million USD), in the northern province ofVinh Phuc.
Covering 4 hectares, the plant - the largest ofits kind in the northern region – has an annual production capacity of 250,000tonnes of fertiliser.
The Que Lam Group’s General Director NguyenThanh Vinh said the plant is developed to meet the rising demand forquality organic fertiliser products in 25 northern provinces and cities. It isalso the second plant of his company in Binh Xuyen district.
Minister of Agriculture and Rural DevelopmentNguyen Xuan Cuong described the launch of the plant as good news for thecountry’s farming industry which is under a restructuring process towards a‘green, clean, safe and sustainable’ sector.
He called on the Que Lam Group and other firmsto accompany the State to overcome current challenges and improve the value oftheir farm produce in global supply chains.
The Que Lam Group is among the leading firmsproducing and trading organic fertiliser. It is now operating eight organicfertiliser plants across Vietnam, providing 500,000 tonnes of products eachyear.
The company aims to produce 1.5 million tonnesof organic fertiliser by 2020, two million tonnes by 2025 and 3.5 milliontonnes by 2035.
Vietnam’s agricultural sector uses 11 milliontonnes of fertilisers, only 8 percent of which is organic, according to theMinistry of Agriculture and Rural Development.
The ministry said fertiliser plays a key role infarming. Vietnam has 10 million hectares of farmland. Organic productioncovers only 43,000ha of land which means organic fertiliser has not been widelyused.
If each hectare of farmland needs 10 tonnesof organic fertiliser, it is estimated Vietnam needs 100 million tonnes oforganic fertiliser to have safe products, recover soil and protect theenvironment.-VNA