BinhPhuoc (VNA) - Orientations to develop Binh Phuoc cashew nut brand wasthe focus of discussion at a meeting between representatives from the People’sCommittee of southern Binh Phuoc province, the Dutch Embassy and the Ministryof Agriculture and Rural Development on June 14.
Marco Trimborn - CEO in charge of European and Asian markets of the MekongCorporation Europe BV (MCE) of theNetherlands - highlighted the great potential of Binh Phuoc for developingcashew, saying that his firm wants to join in the field, towards developing BinhPhuoc cashew into an international brand.
He said MCE plans to invest about 250 million USD in the work, focusing on buildinginfrastructure facilities for planting organic cashew trees and processingclean cashew nut for export.
It will consider the possibility to expand the high-quality cashew materialarea in Bu Dang district with a total area of 200,000 ha, and support thedevelopment of another 5,000-ha material area that is capable of tracing andcomplying with strict export conditions to the European market.
MCE will also serve as a bridge for exporting the locality’s cashew nut meetingstandards for the European market, towards exporting organic cashew nut and by-productsfrom cashew trees.
Representativesof Binh Phuoc’s relevant departments and sectors provided information on cashewdevelopment in the locality, and hoped Dutch enterprises will consider specificinvestment plans to help increase the value of products.
Vice Chairwoman of the provincial People’s Committee Huynh Thi Hang said the locality has planned to plant 200,000 haof cashew in the coming time, proposing the Dutch side to have specific planfor investment, thus supporting Binh Phuoc in building organic cashew materialzones. -VNA