Havana (VNA) – The Hoang Gia Viet Food JSC of Vietnam has signed an economic cooperation contract with Alquizar, an agricultural company of the Artemisa Agroforestry Business Group, to cultivate cashew and short-cycle crops in Cuba.
The signing ceremony in Havana on December 6 was witnessed by Cuban Deputy Minister of Agriculture Telcel Abdel Gonzalez, Vietnamese Ambassador to Cuba Le Quang Long, and other senior officials from the Cuban Ministry of Agriculture.
Under the contract, the Vietnamese company will farm cashew and short-cycle crops such as peanut, black bean, mung bean, and soybean on an area of 2,000 ha in Artemisa province. It will provide materials, agricultural machinery, technical expertise, and technology while Cuba will supply land, labourers, and favourable conditions for the project.
Nguyen Khac Hoang, Director of Hoang Gia Viet, said Cuba’s soil, similar to Vietnam's, is well-suited for many crops, particularly industrial crops, and the firm has chosen cashew as the main one to cultivate. He showed confidence in investing in the Latin American nation, with which Vietnam shares long-standing and close-knit relations, as well as political and social similarities.
Meanwhile, Abdel Gonzalez highlighted the significance of the project, noting that it helps boost food production for the Cuban people.
It marks a step forward in elevating Cuba – Vietnam agricultural cooperation to match the strong political ties between the two countries, he added.
For his part, Ambassador Long said agricultural cooperation between Vietnam and Cuba has been developing positively in recent years. He hoped that more and more Vietnamese businesses will come to Cuba to set up partnerships in this field in the future, creating promising opportunities and benefits for both sides.
Vietnam is now the largest Asian investor in Cuba, with at least seven active projects and total committed capital exceeding 160 million USD. Companies such as Thai Binh, Viglacera, and Agri VMA have invested in producing construction materials, fertilizers, pharmaceuticals, and solar energy here.
Notably, Vietnamese-backed agricultural projects to support Cuba’s rice, corn, and soybean production, and aquaculture have yielded positive results./.
VNA
