TH Group's dairy cattle farm in Nghia Dan, central Nghe An province. (Source: VNA)Moscow (VNA) – Vietnam’s TH Group has caught interests from the 2nd International Agricultural Dairy Forum in the Moscow region, Russia which looked to develop dairy and cattle farming industry to minimise imports of dairy products.
The private producer of TH True Milk products inked a deal with the authority of the Moscow region in October to invest 2.7 billion USD in cattle farming and dairy production projects in Russia.
The group started off by the construction of a complex for hi-tech dairy cow breeding and milk processing in Moscow.
The first phase of the project from 2015-2016 will see the building of three clusters of dairy farms, covering an area of 20,000 hectares for the breeding of about 45,000 cows, and a fresh milk processing facility, capable of producing 800 tonnes per day.
By 2025, the firm plans to construct extra 18 dairy farm clusters for the breeding of 300,000 cows and another mega fresh milk processing mill.
Russia is the biggest European importer of dairy products, TH Group Chairwoman Thai Huong explained.
She also pointed to the country’s advantageous climate and soil which are suitable for dairy cattle breeding and its preferential policies for agricultural businesses.
The November 18-19 forum saw the presence of Russian Deputy Prime Minister Arkady Dvorkovich and Minister of Agriculture Alexxander Tkachev and Vietnamese Ambassador to Russia Nguyen Thanh Son, alongside 1,500 delegates from 32 countries worldwide, including policy-makers, financial experts, milk producers and distributors, and researchers.
The delegates discussed the management of dairy production quality, the latest technologies in dairy cattle farming, and sustainable investment.-VNA
