Japanese floriculture firm to invest in Lam Dong

Illustrative image (Source: VNA)

Hanoi (VNA) – Japan’s Kawasaki Flora Auction Market company plans to invest in floriculture in Da Lat city, the Central Highlands province of Lam Dong, for export to Japan and European countries, said former Counsellor from the Vietnamese embassy in Japan Dao Ngoc Canh.

According to him, the company wants to do business for up to 50 years in Da Lat or the entire province.

In the first year, it plans to work on a site of 10-20ha, and expand to 50ha after three years and 100-200ha from the fifth year and afterwards.

Established in 1961, Kawasaki currently owns production facilities in 12 Japanese prefectures and foreign countries such as Colombia and Kenya which provide fresh flowers for its chain of stores across Japan.

President of the Vietnam Cooperative Alliance Vo Kim Cu vowed all possible support for bilateral partnership and asked the Japanese investor to devise specific cooperation plan soon.

He also suggested tapping Lam Dong province’s vast area of fertile land by investing in vegetable cultivation and other agricultural activities there.-VNA

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