Vinamilk invests 4,000 billion VND to build a dairy farm in Can Tho

Can Tho's 2018 Investment Promotion Conference, themed "Sharing potential, developing together" was held with the participation of Prime Minister Nguyen Xuan Phuc, leaders of central ministries and branches and many representatives of more than 500 domestic and foreign enterprises.

Delegates signed investment cooperation with Can Tho City People's Committee.

Mr. Trinh Quoc Dung - CEO of Vinamilk spoke at the ceremony.

With favorable natural conditions and enthusiastic support from the city authorities, at the conference, Vietnam Dairy Products Joint Stock Company (Vinamilk) decided to choose Can Tho as the place to concentrate its farms in the Western region. Through cooperation with Song Hau Farm, Vinamilk has planned a "Complex of high-tech dairy farms" with a total scale of up to 22,000 cows on an area of ​​6,000 hectares, with a total investment of about 4,000 billion VND.

Modern production line at Can Tho milk factory.

This project of Vinamilk is built on a farm model combined with Vinamilk's existing processing plant and distribution system in Can Tho city to bring a closed production chain, international quality with competitive prices. The farm uses the latest technology and optimizes operations with a robot system and a modern management system on a computer network platform, meeting the requirements and competition in the era of transformation and acceptance of technology 4.0. The combination of Vinamilk's advanced livestock production model with the long-standing farming experience of Song Hau Farm, abundant food sources in the area creates stability and efficiency, making good use of the strengths of the associated parties.

Modern machinery and equipment at Can Tho Milk Factory.

In addition, the project also creates a ripple effect throughout the region to form a new industry: dairy farming, beef cattle, aquaculture and animal feed farming. The output products of farmers are guaranteed at reasonable and stable prices. In Can Tho, 18 years ago, Vinamilk also built a milk processing factory in Tra Noc industrial park and has had a business branch operating effectively for over 10 years with revenue in the last 3 years 2015 - 2016 - 2017 of nearly 17,000 billion VND and paid to the State budget 1,030 billion VND.

At the conference, Mr. Trinh Quoc Dung - CEO of Vinamilk said: "When the project is fully implemented and put into operation, a specialized area with large model fields of thousands of hectares will be formed to cultivate feed for dairy cows and livestock around the farms, creating thousands of jobs. With the core being VNM farms, the next effect will be the birth of hundreds of satellite farms of farmers, participating in the chain led by Vinamilk. This model will contribute to maintaining socio-economic stability, improving people's lives and developing agriculture in a sustainable way."

Entrance gate to Can Tho milk factory.

With a very favorable location, located in the center of the Mekong Delta, Can Tho city is the economic, educational - training, scientific - technical and medical center of the region. In recent times, in addition to investing in completing infrastructure to serve socio-economic development, Can Tho has also focused on improving the investment and business environment, enhancing competitiveness, aiming to make the city one of the attractive destinations for investors.

In recent years, the Provincial Competitiveness Index (PCI) of Can Tho has always been ranked Good. In particular, it has increased to rank 10/63 provinces and cities nationwide in 2017. In addition, Can Tho with a high annual growth rate is also an economic center for the Western provinces. The population in the region is approximately 18 million people, accounting for about 19% of the country's population, which will ensure product output for a long time. In addition, accessing markets in the ASEAN region by waterway from here is also very convenient, creating favorable conditions for the development of business, import and export of enterprises in the local area.