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The Prime Minister encouraged a large private group to work in agriculture

Wednesday - 27/02/2019 21:38
The agricultural sector needs to change to achieve its goal as one of the leverage to help the economy "grow better by 2035".
In the morning of February 14, attending the ceremony to announce the plan to deploy the industrial park project to serve agriculture in the northern delta of Thai Binh province, Prime Minister Nguyen Xuan Phuc reiterated the role of agriculture. He said that, together with the digital economy, agriculture and tourism will be leverage to bring Vietnam's economy "to develop better" in 2035.

Therefore, investors pouring capital into agriculture must switch to deep processing, attaching production to high technology on the basis of "upgrading" the market platform.

Truong Hai Auto Company (Thaco) has invested VND 7,800 billion in an industrial park specializing in the Northern Delta agriculture in Thai Binh. The Prime Minister said that such investment moves will create a playground, bringing this sector to successfully integrate into the regional and global playground.

Mr. Tran Ba ​​Duong - Thaco Chairman also said that Vietnam's agricultural sector has continuously developed but it is time to change fundamentally (and may have to start over). Changes may follow the direction of large-scale industrial production, high-tech application with safety quality and stability and at the same time ensure the competitiveness when integration and the industrial revolution 4.0.

The industrial zone for agriculture will be built according to each functional subdivision and output processing area. These include organic agricultural production plants and biological plant protection drugs; research center, experimental field of automation and administration based on digitalization; system of storage and preservation of agricultural products ...

This year, Thaco will build a 4.8 km road connecting the industrial zone with National Highway 10; Inland river port in phase 1 to receive barges and river ships up to 2,000 tons, as well as a system of farm product storage capacity of 160,000 tons a year ... In order for the project to be deployed soon, the Prime Minister proposed Sectoral levels accelerate the procedures for approval of project investment.

Previously, Thaco invested in agriculture when becoming a strategic partner of Hoang Anh Gia Lai when buying 221,688 convertible bonds worth VND 2,200 billion. Mr. Duong said that this enterprise has now poured more than 10,000 billion into the agricultural investment deal with Hoang Anh Gia Lai, out of a total of VND 22,000 billion (about $ 1 billion) that Thaco committed to invest.
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tu van co phieu hng bieu do thang 28 2 2019 cophieuviet com

Author: Translated by CoPhieuViet.Com

Source: Vnexpress newspaper

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