10:20 | 07/02/2018 Economy
Masan Group on February 4 held a groundbreaking ceremony for its meat processing complex in the Dong Van 4 Industrial Park, Kim Bang district, the northern province of Ha Nam.
|The groundbreaking ceremony officially launches the construction of the meat processing complex|
Addressing the ceremony, Minister of Agriculture and Rural Development Nguyen Xuan Cuong welcomed the large agricultural project of the group, affirming that it will contribute actively to livestock development.
The Minister also urged the Masan Group to focus its resources so as the project will be on schedule, as well as ensure material supply, processing methods and expand consumption markets.
According to Nguyen Dang Quang, Chairman of the Board of Directors of the Masan Group, the complex will cost over VND1 trillion (US$44 million) and sit on 10 ha in the industrial park. It will have an annual capacity of 140,000 tonnes.
The plant will use Danish technology and operate in line with the standards of the US Food and Drugs Administration, Quang said.