Lam Dong-based firms invest in Phu Yen hi-tech AZ hinh anh 1At the signing ceremony (Source: baolamdong)

Phu Yen (VNA) – Three firms from the Central Highlands province of Lam Dong signed numerous memoranda of understanding on investing in the hi-tech agricultural zone (AZ) in the south central province of Phu Yen on May 27.

They are the Anh Dao agricultural services cooperative, the Clean Biology Company, and the Saigon Packing JSC.

Vice Chairman of the Phu Yen provincial People’s Committee Tran Huu The pledged that the province will create the most favourable conditions for the investors, including land and tax incentives, and improved infrastructure.

The province will work with relevant bodies to support he firms’ intellectual property protection, he added.

According to The, four projects have been put into operation in the AZ, namely the Taiwan hi-tech AZ, Dong Loi chicken-breeding, biological experimental station invested by the provincial Department of Science and Technology, and the Son Ngoc orchard farm.

Investment procedures are underway for two other projects including a small sugarcane trees production farm funded by the KCP Vietnam Industry Company, and the bio-technology experiment and application zone.

The Phu Yen hi-tech AZ, in its first phase, covers 460 hectares in Hoa Quang Bac commune, Phu Hoa district.

It aims to focus on application of high technology in agriculture sector, particularly in cultivation, husbandry, forestry, fisheries, processing and preserving, and producing bio-products and animal feed for the south central coastal region.-VNA