Moscow (VNA) – Vietnam's TH Group will accelerate theimplementation of its project in Moscow province of Russia, which is expected tobe completed by June next year.
The information was unveiled during a working session between Vietnamese Ambassador to Russia Dang MinhKhoi and the management board of TH Volokolamsk farm complex in Volokolamsk district.
According to the managing director of the dairy farm in Moscow province, Aliev Rasul Magomedovich, TH Group has imported more than 1,000 high yieldingdairy cows from the United States. The cows have adapted to theliving conditions here very well and now number over 2,500.
All raw milk from the farm in Volokolamsk is purchased at ahigh price by the largest dairy companies in the country such as Danone andTorzhok, he said.
The ambassador said the TH Group’s project in Russia is showingeconomic efficiency after a long process of investment.
Khoi said he hopes that the second and third phases of the dairyfarm in Moscow province will be completed on schedule, marking it Vietnam'slargest agricultural investment project abroad and in Russia in particular./.
Agriculture, aquaculture firms focus on growing their own raw materials
More and more agriculture and aquaculture businesses are setting up their own farms rather than rely on imports for raw materials.