Tay Ninh province and the Nafoods Group JSC sign an MoU on cooperation in developing a fruit farming zone and building a fruit processing complex on October 4 (Photo: VNA)Tay Ninh (VNA) – The southern province of Tay Ninhand a company have signed a memorandum of understanding on cooperation indeveloping a fruit farming zone and building a fruit processing factory complexserving export here.
The provincial People’s Committee and theVietnamese Nafoods Group JSC signed the document on October 4.
Accordingly, the two sides will partner todevelop an organic fruit farming zone covering some 10,000ha at total estimatedcost of 3 trillion VND (128.6 million USD) between 2019 and 2023.
After the area is able to supply at least 150tonnes of fruit per day, Nafoods will build a factory complex in Tay Ninh so asto manufacture products for export. It expects this complex will bring home atleast 100 million USD in export turnover each year when operational.
Provincial authorities also pledged to allow theinvestor to rent at least 20ha of land for forming a seed germination garden toprovide seedlings for the farming zone. They will also assist the developmentof infrastructure associated with the zone.
Aside from support policies regulated by theState, the provincial administration will also provide specific mechanisms toencourage other businesses, cooperatives and local residents to join theproject.
Meanwhile, Nafoods will provide qualifiedseedlings, fertilizers and plant protection products, as well as training incultivation techniques for local farmers. It also vowed to apply scientific-technologicalsolutions to improve product quality and purchase all produce of the zone atreasonable prices.
Nguyen Manh Hung, Chairman of the Board ofDirectors of Nafoods Group, said his firm aims to have 60 percent of productsmeeting GlobalGAP standards and the other 40 percent meeting organic standardsto serve export.-VNA
VNA
