VIETNAM – TH Group, the largest fresh milk company in Vietnam, held the groundbreaking of the project of high-tech dairy farm and milk processor in Hoa Thuan town, Quang Hoa district in the northern mountainous province of Cao Bang.
The project has a total investment capital of VND2.54 trillion (US$109.7 million), 63.7ha dairy farm, 3 ha dairy factory, set to raise 10,000 cows, and a processing plant with an annual capacity of 49,000 tonnes of milk.
The project is expected to be implemented in 4 years, divided into 2 phases corresponding to 4 phases; each analysis performed in 1 year.
It is estimated that, when the project is put into operation, annually it will contribute about VND 600 billion (US$25.8m) to the province’s gross product growth (GRDP), over VND 200 billion (US$8.6m) of revenue to the budget and create jobs, improve income for about 500 direct workers and thousands of indirect workers.
“Cao Bang broke ground for the project of raising dairy cows and processing milk worth more than VND 2,500 billion (US$10.7m)”
Cao Bang broke ground for the project of raising dairy cows and processing milk worth more than VND 2,500 billion (US$10.7m)
This is a key economic project of the province, located in the Smart Agriculture Project of Cao Bang Province for the period 2020 – 2025, with a vision to 2030.
The project is implemented according to the process of breeding, managing the herd of cows and barns using modern terminal technology; including the world’s most advanced dairy management system Afimilk (Israel); New Zealand disease management and veterinary procedures; water and waste treatment equipment and processes from Japan, Israel and the Netherlands.
According to VietReader, TH Group pledges to provide farmers in the province with breeds and technical guidance to develop raw materials for dairy cows (maize, grass ) with productivity and quality to meet the strict requirements of nutritional content for rationing for cows.
The implementation of this project will help Cao Bang to fundamentally change the breeding method from small and small to large commodity production according to international standards; to help transform the economic structure towards modernization; to catch up with the trend of exporting official goods, according to international commercial contracts.
At the ceremony, Mr. Phung Duc Tien – Deputy Minister of Agriculture and Rural Development affirmed that TH Group’s presence in Cao Bang proved the right direction of the locality.
The province should direct local authorities and specialized agencies to create favorable conditions for enterprises to successfully build this model; well implementing the environmental protection project; create conditions for local workers; build a specific roadmap for dairy exports.
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