Monday, August 21, 2017 - 9:47:26

RoK-funded project helps modernise Mekong Delta’s agro-production

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The Korea-Vietnam incubator park ( KVIP) project, which aims to help modernise food processing and agricultural mechanics in the Mekong Delta region, is keeping to schedule and will officially run in Can Tho city in early June, 2015, according to local officials.

Director of Can Tho City’s Department of Industry and Trade Nguyen Minh Toai said at a recent meeting that 32 percent of the workload has been completed, and from now to the end of the first quarter of 2015, training courses will be held to teach Vietnamese personnel how to operate the project.

According to the Department, the KVIP is being built at a cost of over 21 million USD, with 17.7 million USD funded by the Republic of Korea government and the remainder sourced from Vietnam’s counterpart capital.

Under the agreement between the two governments, the RoK side will build the facilities and provide equipment for the incubator, which occupies an area of 4.5 ha in Tra Noc 2 Industrial Park in O Mon district.

Kim Hee Sup, KVIP managing director, said the project aims to assist the development of rice processing industry in order to improve competitiveness of regional rice in the global market.

The incubator will also provide technology to modernise aquaculture in the region through popularising good aquaculture practice.

Another goal of the project is to develop made-in-Vietnam agricultural machinery with a localisation rate of up to 95 percent within the next ten years.-VNA

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