14:14 | 29/01/2018 Economy- Society
The central province of Thua Thien-Hue has approved a 70-billion VND (3.1 million USD) project to develop orange farms and medicinal plant farms in Nam Dong district.
|Nam Dong orange - Source: http://baothuathienhue.vn|
Invested by Kim Nguyen hi-tech agriculture company, the project covers 97 hectares and will last for 45 years.
The project is expected to produce 10 tonnes of orange per hectare each year, along with 1.5 tonnes of medicinal plants per year to the World Health Organisation’s good agricultural and collection practices.
Le Thi Thu Huong, Chairwoman of the Nam Dong People’s Committee, said until 2020, Nam Dong defines orange as its major plant and will expand orange farms to 400 hectares to VietGap standards.
At the lowest price of 15 million VND per tonne, farmers can earn 175 million VND per hectare each year from orange, much higher than cultivating other plants, she said.
Currently, Nam Dong has 75 hectares of orange trees.
With outstanding quality, Nam Dong orange has been a strong brand with high demand.
Along with giving locals guidelines on VietGap production standards, the district will monitor the process of growing orange trees, fertilising to harvesting, preserving and selling the products, added Huong.