65 million USD poured into hi-tech agricultural complex in Kon Tum

At the event. (Photo:VNA)

Kon Tum (VNA) - Hung Nhon Group and Netherlands-based De Heus Group have signed a memorandum of understanding with the People's Committee of Kon Tum province on investment cooperation in a complex of hi-tech agricultural zones in Dak Lak.

Under the MoU, the two groups will engage in developing a pig breeding farm which will cover 200ha and has a total investment of 65 million USD. It will apply advanced technology to produce high quality agricultural products following a closed chain meeting European standards, as well as organic cattle feed and fertiliser.

Once completed and put into operation, the project will create jobs for 250-300 local labourers, contributing to the economic development of the province.

On this occasion, Hung Nhon Group and De Heus Group have donated six monitors and 4,000 test kits worth 1 billion VND (44,120 USD) to the province’s COVID-19 prevention and control fund./.