Deputy Prime Minister Trinh Dinh Dung yesterday attended a groundbreaking ceremony of a 3,000 hectare hi-tech agricultural project with the total investment capital of VND3 trillion (US$132 million) by TH Group in Vu Thu district, the northern province of Thai Binh.
That is considered the largest of its kind, starting a slew of hi-tech projects of TH group in the northern region. One third area of the 3,000 hectare project will produce clean vegetables and the remaining area will be used for high quality rice varieties. The project will comprise nurseries, cultivation, harvest, treatment, package and distribution of products.
The entire land of the project has been rented from farmers. Each household with production land for lease will have a family member who will work for projects of TH Group and receive payments as per regulation of the group.
According to the Ministry of Agriculture and Rural Development, the Government and the ministry have prompted hi-tech application in agriculture, considering hi tech as a breakthrough phase in agricultural restructuring towards developing national and provincial main farm produce.
Deputy Prime Minister Trinh Dinh Dung appreciated Thai Binh’s efforts in luring businesses to agricultural and rural development, improving investment environment for businesses to develop large scale projects as well as the participation of TH Group to create a turning point in agriculture.
Stepping up agricultural restructuring to change from small scale traditional production into value chain, hi-tech application and large scale production is the big policy drawing much attention by the Party and the State.
Businesses and investors are the motive force of the policy, he stressed.
Mr. Dung required Thai Binh to further speed up agricultural restructuring by reviewing, supplementing and completing an overall plan to attract investment in the field, develop infrastructures especially traffic to pave the way for investors, consider them as Thai Binh citizens, intensify administrative reform, create new jobs for locals and organize training courses for farmers to change into service workers.
Especially the province should take the initiative in preparing land fund for hi-tech projects, linking businesses up to farmers and setting farmers’ mind at rest to let out their farming land to businesses to develop hi-tech farming.
The Government will remove barriers to create the best environment for investors in agriculture and rural development, he affirmed.
On behalf of the Government, Mr. Dung called on domestic and foreign businesses to strongly invest in hi-tech agriculture, the field’s restructuring and new rural development.
