18 June 2017

Hai Duong province calls for investment in agriculture

NDO/VNA – The Red River Delta province of Hai Duong will create favourable conditions for businesses to invest in agriculture, especially in high-tech agriculture, post-harvest preservation, slaughterhouse construction and production chain development, local officials have said.

Targeting a modern agriculture which applies state-of-the-art technologies and creates high-quality and competitive products, the province has offered a line-up of preferential policies for investors.

Support in terms of credits, land rental, infrastructure development and administrative procedures is among the province’s preferences for investors, said Secretary of the provincial Party Committee Nguyen Manh Hien.

At an agricultural investment promotion conference held in Hai Duong on June 18, Minister of Agriculture and Rural Development Nguyen Xuan Cuong suggested that the province should pay due attention to providing training and encouraging farmers to connect with others to form agricultural businesses.

Identifying strategic products and outlining transparent and favourable policies for investors will help the local agriculture sector to move up on the ladder to a new development stage, Cuong stressed.

The province is housing over 11,700 enterprises, however, only 1,600 of which are investing in agriculture. Total investment in local agriculture is valued at more than VND15 trillion (US$658.5 million), focusing on farm produce processing, animal foodstuff and production linkages.



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