As many as 61 companies have registered to invest in hi-tech agriculture projects on an area of nearly 3,200ha in Ba Ria-Vung Tau province, according to the provincial Department of Agriculture and Rural Development.
More than 1.7 trillion VND (73.2 million USD) will be invested in three high-tech agriculture projects in the southern province of Binh Phuoc, under an agreement inked between the provincial People’s Committee and its partners on August 26.
Better credit policies and higher consumption of farming products are necessary to ensure efficient use of funds borrowed for hi-tech agricultural projects, experts said at a seminar in Hanoi on July 4.
Experts have welcomed a shift in credit policy for hi-tech agriculture to include farmers and enterprises instead of focusing on hi-tech agricultural parks.
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