Vinamilk to spend over US$170 million on hi-tech dairy farm in Can Tho

Sunday, 2018-08-12 21:52:38
 Font Size:     |        Print

Illustrative image
 Font Size:     |  

NDO/VNA – Vinamilk, Vietnam’s largest dairy producer, will plashed out some VND4 trillion (US$171.3 million) to develop a 6,000-ha complex of hi-tech dairy farms in the Mekong Delta city of Can Tho under a newly-inked agreement with Song Hau Farm Corporation.

The deal was signed between the two firms during Can Tho’s Investment Promotion Conference 2018 which took place on August 10.

The project will include a large-scale dairy farm, capable of breeding up to 22,000 heads of cows, and a processing factory and at the same time, take advantage of Vinamilk’s existing distribution system in Can Tho to build a complete supply chain.

Automated technologies and advanced management system will be used at the complex to improve competitiveness in the era of the Industry 4.0.

It expects to make a significant influence on the local economy by creating a new industry of producing beef, dairy and cattle feed.

According to Vinamilk Executive Director Trinh Quoc Dung, once the project is operational, it will create a large-scale farm covering thousands of hectares to grow livestock feed and provide thousands of jobs for local people.

Hundreds of satellite farms will be set up to join Vinamilk’s supply chain, he said.