The Viet Uc Group, Vietnam’s leading juvenile shrimp supplier, is looking to receive Ca Mau province’s approval to invest in hi-tech shrimp farming in the locality.

The group’s Chairman and CEO Luong Thanh Van said that Ca Mau city has the most favourable conditions to implement the project, should it be accepted.

The group has succeeded in carrying out hi-tech shrimp farming in several places in Vietnam. Scientific and technological advances will be applied in selecting and caring for seeds and processed shrimp products will meet international standards, he added.

Earlier, the group invested in a project producing juvenile shrimp in Ca Mau’s Ngoc Hien district. The 60-billion-VND farm, which began operations in May, is expected to produce 7 billion juvenile shrimp.

Director of the provincial Department of Planning and Investment Mai Huu Chinh pledged to create favourable conditions for the group to carry out the project once it receives local authorities’ seal of approval.

In 2014, the Viet Uc Group produced 51 billion juvenile shrimp, accounting for 22 percent of the country’s market share.-VNA