Dairy plan targets growing market

A project on raising cattle and processing milk has been developed in the central province of Nghe An with a total investment of US$350 million, according to project co-ordinator TH Milk Joint Stock Company.

The project, the biggest of its kind in the country, aims to develop an international-standard dairy industry based on advanced Israeli technology and management, it said.

Nguyen Dinh Chi, chairman of the People’s Committee of Nghe An Province, said this was the first high-tech project in the agricultural sector and it was expected to partly contribute to the economic development of Nghia Dan District and Nghe An Province.

Hoang Kim Giao, head of the Ministry of Agriculture and Rural Development’s Livestock Breeding Department, said the project was very important for the development of the milk industry in Viet Nam because it would be developed under modern Israeli management and technology.

The project includes eight farms which will raise 2,400 heads of cattle each and a fresh milk processing factory, the company said.

The project also includes the construction of a 10,000-ha pasture farm for 30,000-45,000 cattle within two years, said Tran Bao Minh, the company director.

It needs a total area of 30,000ha for pasture and Nghia Dan District is capable of meeting the demand, said Minh. That was the reason the company chose Nghia Dan District to develop the project.

In February, the company received 16,000 dairy cows transported by sea from New Zealand and it expected to add another 6,000 diary cows to its farms by the end of this year.

Minh said his company would invest $100 million to build a processing factory with a design capacity of 530 million litres of milk per year, the largest in the country.

The project is expected to meet 30 per cent of domestic consumption in coming years and 50 per cent in next 10 years.

Currently fresh milk made in Viet Nam has reached 250 million litres, meeting half of domestic demand.

Viet Nam News

Tags: ,

Posted by VBN on Apr 8 2010. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • India gold futures recovered partially on Thursday afternoon
  • Gold price stood above VND47 million a tael (1.2 ounces) on September 8
  • UBS AG hiked its gold forecast for next year by 50% to $2,075 a troy ounce
  • U.S. gold futures contract rose 1.6 percent to $1,846.6 after 3 pct drop
  • Gold price witnessed a decline of Rs 240 per sovereign on Thursday
  • Gold futures regained strength on Thursday
  • Russia’s gold and foreign exchange reserves rose to $543.4 billion
  • Gold price rebounds after overnight dips as bargain hunters step in

Sponsored

Looking for an overseas forex broker?

можно ли купить диплом https://diplomix-asx.com/kupit-diplom-sssr купить диплом нового образца купить диплом в ростове-на-дону https://aurus-diploms.com/geography/diplom-v-moskve.html https://gosznac-diplom24.com/kupit-diplom-medicinskogo-uchilishha куплю диплом https://premialnie-diplom24.com/купить-диплом-с-занесением-в-реестр/ купить аттестат школы https://lands-diplomix.com/attestat-9-klassov.html https://frees-diplom.com/otzyvy-klientov https://diploman-dok.com/kupit-diplom-omsk купить диплом ссср https://radiplomy.com/kupit-diplom-onlajn