The northern province of Hai Duong will create favourable conditions and offer preferential policies for businesses investing in high-tech agriculture, post-harvest preservation, slaughterhouse construction and production chain development, provincial authorities said.
|Wholesalers purchase lychees at a household business in Thanh Xa Commune in Hai Duong Province’s Thanh Ha District. – VNA/VNS Photo Vu Sinh|
The Red River Delta province wants to encourage investors to set up modern agricultural practices that use state-of-the-art technologies and develop high-quality, competitive products.
Nguyen Manh Hien, secretary of the provincial Party Committee, said that businesses will get support in terms of credit, land rent, infrastructure development and administrative procedures.
At an agricultural investment promotion conference held in Hai Duong on Sunday, Minister of Agriculture and Rural Development Nguyen Xuan Cuong suggested that the province pay attention to providing training and encouraging farmers to connect with others to form agricultural businesses.
Identifying strategic products and outlining transparent, favourable policies for investors will help the local agricultural sector to improve and progress to a new stage of development, Cuong advised.
The province has around 11,700 enterprises, but of these, only 1,600 have invested in agriculture. The total investment in local agriculture is valued at around VND15 trillion (US$658.5 million), most of it focused on farm produce processing, animal-based food products and production linkages.