The Daily cited the provincial investmentpromotion centre as saying that the 800 billion VND (36.7 million USD)project in My Thanh commune will produce quality shrimp for export toEurope, the United States, Japan and other markets.
In addition, the company will sell shrimp to seafood processing enterprises in the province and other localities in Vietnam.
Theinvestor is allowed to set up a shrimp farming area of 100 hectares inphase one of the project. Later, the province will allocate theremaining 200 hectares to the firm to expand production and construct aprocessing factory.
Vietnam-Australia Seafood Company plans touse technologies including Israeli greenhouse, water filtration andtreatment of the US and the Netherlands, and bio-substances for itsshrimp farm in the central province.
The enterprise saidthese technologies are suitable to weather conditions in Vietnam and canhelp reduce costs and risks and increase yields. The water filtrationand treatment technologies will ensure a stable water environment forshrimp and do not cause pollution.
Phu My district has favorableconditions for shrimp farms. However, many shrimp farms consume too muchfreshwater and discharge untreated wastewater directly to theenvironment. Therefore, the company’s shrimp farming model is encouragedto back sustainable shrimp farming and improvement of economicefficiency.
The Binh Dinh Investment Promotion Centre saidthe project is listed in the sectors the Government encourages as statedin Decree 210 and the province’s Decision 3480/QD-UBND to call forinvestments in agriculture in 2014-2020. It is also in line with theprovince’s zoning plan for hi-tech shrimp farming until 2020 with avision towards 2030.
Apart from Binh Dinh province,Vietnam-Australia Seafood Company has applied greenhouse technology toover 50 hectares under shrimp cultivation in the Mekong Delta provinceof Bac Lieu, according to the Daily.-VNA