Thaco kicks off agricultural support zone in Thai Binh

According to Tran Ba Duong, chairman of Thaco, the project, which was approved by the prime minister in August 2018, aims to manufacture products that serve agricultural production in northern delta provinces such as Thai Binh, Hung Yen, Hai Duong and Nam Dinh.

The industrial zone will have several components with different functions, including an insecticide plant, a research and development center, farm produce warehouses, food processing plants and river ports.

The project will also provide farmers with agricultural solutions such as harvesting and preserving farm produce.

According to Duong, the project requires a total investment of VND7.8 trillion and is scheduled for completion in 2021.

He said that in 2019, Thaco will kick off some components including a 4.8-kilometer-long road that connects the industrial zone with National Highway 10 and a river port capable of receiving 2,000-ton ships.

The corporation will also start building the industrial zone’s infrastructure, a farm produce warehouse capable of storing 160,000 tons per year, a rice milling facility with a capacity of 75,000 tons per year and food processing plants.

Duong said that the project is expected to contribute significantly to the agricultural development of Thai Binh Province and the Northern Delta as a whole.