Nghe An Agricultural Materials Joint Stock Corporation: Strategic investor of many units

Pearl DNUM_ADZAHZCACA 06:51

(Baonghean.vn) - After equitization, Nghe An Agricultural Materials Joint Stock Corporation is a rare unit in Nghe An province that maintains its brand, develops strongly and acquires many other companies.

Not only known as the Hero of Labor in the renovation period, the leading agricultural materials production unit of the province, Nghe An Agricultural Materials Joint Stock Corporation also participates effectively and is a strategic investor in enterprises after equitization.

High-quality rice production in Nam Dan by Nghe An Agricultural Materials Corporation. Photo: Tran Chau

Trusted by the State and employees of the units to be selected as a strategic investor, the Corporation has had effective plans on capital, human resources, technology, financial resources, and corporate governance to support and help enterprises after equitization operate effectively. Typical examples are Dak Lak Food and Agricultural Materials Joint Stock Company, Dak Lak Minerals Joint Stock Company and currently 3/2 Agricultural Industry Joint Stock Company.

At the 3/2 Agricultural Industry Joint Stock Company, after participating, the Corporation invited specialized institutes to survey and re-study soil quality and climate zones to restructure production and develop the Company's spearhead, which is tea. The Corporation invested in materials, fertilizers, seeds, and funds to expand the tea growing area and upgrade the tea processing line to meet export standards in Quy Hop.

Nghe An Agricultural Materials Joint Stock Corporation invests in expanding tea area at 3/2 Agricultural Industry Joint Stock Company (Quy Hop). Photo: PV

The Corporation has cooperated with households in Huoi Le village, Huoi Tu commune, Ky Son district to establish the Shan Tuyet organic tea agricultural cooperative to process tea, supplementing a stable and quality source of raw materials for the Company.

In the field of fruit trees, facing the situation of seriously declining quality of seedlings and many areas of orchards being damaged by pests, the Corporation has worked with the Vietnam Academy of Agricultural Sciences and the North Central Institute of Science and Technology to establish the Phu Quy Fruit Tree Center to carry out incubation, select varieties, and provide quality fruit tree varieties for the Company in particular and the people of the North Central region in general.

Currently, in addition to traditional production and business fields, the Corporation has expanded to invest in building a bottled water factory with the aim of promoting the true potential value of the famous Khe Kep water source in Khanh Son commune, Nam Dan district, Nghe An province with a total investment of over 110 billion VND.

On June 26, 2020, the Provincial People's Committee signed a Decision approving the investment policy and guiding relevant departments, branches and units to appraise and advise the Provincial People's Committee to approve the planning and resolve construction procedures according to its authority.

When the project is completed and put into operation soon, it will contribute significantly to exploiting and promoting the economic potential of Nam Dan district and expanding and developing the production and business activities of the unit.

The Corporation cooperates with communes in Ky Son to produce ginger and tea for export. Photo: Lu Phu

In addition to 15 Material Joint Stock Companies in Nghe An province, Nghe An Agricultural Materials Joint Stock Corporation is also a strategic shareholder of many companies such as: Dak Lak Agricultural Materials Food Joint Stock Company;Dak Lak Minerals Joint Stock Company (There are 03 factories:1 Feldspar powder and construction stone factory, address: village 9, Eakar commune, Eakar district, Dak Lak province;1 CO gas exploitation plant2natural, address Dak Mol commune, Dak Song district, Dak Nong province; 1 CO dry ice production factory2, address 72 bis Go Dua, Tam Binh ward, Thu Duc district, Ho Chi Minh City);Ha Nam Agricultural Materials Food Joint Stock Company;Nghe An Seed Joint Stock Company...

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Nghe An Agricultural Materials Joint Stock Corporation: Strategic investor of many units
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