Approving investment in agriculture-forestry product processing for export
30/05/2015

 

Recently, Binh Dinh Provincial People’s Committee (PPC) has approved for Truong ThinhInvestment and Trade Joint Stock Company to invest in a plant of processing agriculture-forestryproducts for export in Bui Thi Xuan ward, Quy Nhon city.

 

The project covers 5.16ha. It is expected to have capital of approximately VND 36 billion and includeswood processing plant of 2.000 m3 of log wood/ year and cashewnut processing with capacity of 700 tonnes of raw cashew nuts/year

The project aims to utilizethe agriculture-forestry source in the area, process high qualityagriculture-forestry products, expand and increase the production technology,increase the product quality and meet the demand of goods export and domesticconsumption.

TruongThinh Investment and Trade Joint Stock Company is also the investor of An Moindustrial cluster (IC) in An Nhon district with total capital of VND 47.6billion. It is established at the Decision No. 1126 dated 17/4/2014by Binh Dinh PPC. Accordingly, the IC covers 29.4 ha and aims to attractthe main sectors: processing agriculture-forestry products, processing stoneand producing other consumption goods without causing environmental problems.