15:38 | 12/01/2018 Investment
The construction of an agricultural product processing plant using the Korea-designed modern technology, commenced in the northern mountainous province of Son La on January 6.
|The ground-breaking ceremony for the agricultural processing plant - Photo: VOV|
Covering an area of over 4 hectares in Van Ho district, the US$7.5 million factory is jointly invested by IC Food Corporation of the Republic of Korea, Stevia Corp of the US and SC Agro Food of Vietnam.
The first phase of the factory is scheduled to begin operation in August 2018 with a capacity of 1,700 tonnes of products a year, while the second phase with a capacity of 3,400 tonnes a year will be completed five months later.
It will become a processing plant for various kinds of farm produce, which will be exported. About 100 vegetable co-operatives will cooperate with the factory.
Speaking at the ceremony, Chairman of the provincial People’s Committee Cam Ngoc Minh said this is the fifth plant among the six ones of this kind to be constructed in the locality, adding that this reflects the local authority’s right orientation in attracting investment in agricultural development.
Son La boasts over 41,000 hectares of fruit trees, with 6,000 of which is applied with advanced technique. As many as 47 chains of production, supply and consumption have been formed so far in the locality.
Many areas of high quality vegetables and fruit have also been taken shape in the province with a total yield of 60,000 tonnes a year, satisfying the material demand of processing plants.