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New Hope Group reported Chairman Nguyen Van Tri on the project planned to invest in Vinh Phuc

Tuesday, 08/11/2016

On 2/11/2016, Mr. Nguyen Van Tri, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the meeting to hear the report of New Hope Group on project which is expected to invest in Vinh Phuc. Attending the meeting, there were Mr. Vu Chi Giang, member of the Provincial Party Committee , Vice Chairman of the Provincial People's Committee; representatives of several departments and agencies of the province.

Mr. Nguyen Van Tri, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee concluded the meeting

Being a Chinese Group founded in 1982, New Hope operates in the field of agriculture globally. The Group has strongly developed 4 sectors: livestock and food processing ; chemicals and natural resources; real estate and infrastructure; finance and investment. At present, the Group has over 20 subsidiaries worldwide with approximately 80,000 employees, the average revenue of over 10 billion dollars / year. This Group was officially invested in Vietnam in 1999; now, the Group has 7 factories producing animal feed in Ho Chi Minh City, Hanoi, Hai Phong, Dong Thap, Binh Dinh and Bac Giang. The Group also has a company that specializes in the supply of animal breeds, based in Bac Ninh province.

At the meeting, the leaders of New Hope Group introduced their strengths and desired that Vinh Phuc would create favorable conditions to implement the projects: reproductive pigs livestock; food processing and commercial pigs . As expected, the project of pig livestock under outsourcing model will be deployed in Tu Du commune (Lap Thach) in an area of more than 60 hectares. It is expected that 300-500 households will involve in this process. New Hope Group will advise the design, build closed livestock systems, supply animal feed, veterinary medicine and transfer advanced farming techniques to farmers.

In Vinh Phuc, in recent years, the field of raising commercial pigs has received the attention of localities; despite forming a concentrated breeding areas, the production scale as well as the application of scientific advances in production processes are still very limited. The Group expected that these projects will contribute to improve the efficiency of livestock development towards concentration, increase production value and promote the agriculture industry restructuring of Vinh Phuc .

Concluding the meeting, Mr. Nguyen Van Tri, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee suggested that, in the next time, New Hope Group should continue to complete contents of the project. Especially, during the implementation, it is necessary to carry out each phase. Mr. Chairman requested the related departments and the People's Committee of Lap Thach district to strengthen propaganda to create consensus among people; set up optimal solutions in the course of implementing the compensation and site clearance to effectively implement the project.

Vinh Phuc News



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