The Viet Uc Group, Vietnam’s leading shrimp fry supplier, will invest about 800 billion VND (3.67 million USD) in a hi-tech intensive shrimp farming zone in central Binh Dinh province’s Phu My district.

Covering 300 hectares, the project aims to make high-quality products that meet export requirements to big markets such as the European Union, the US and Japan.

In the first phase of the project, the province will allocate 100 hectares to the company to build a farming zone.

The remaining 200 hectares will be provided when the company expands its production scale and builds a processing factory.

Advanced technologies from Israel, the US and the Netherlands will be applied in the farming.-VNA