First-ever agro-industrial complex in Viet Nam to be built

09:12, 06/12/2008

(ĐN)- A signing ceremony for a cooperation agreement between Dong Nai Food Industry Corporation (Donataba), Prudential Fund Management, Pronconco and Glon Group (France) took place on December 4 in Dong Nai under the witness of Secretary of the provincial Party Committee Tran Dinh Thanh, Chairman and Vice Chairman of the provincial People’s Committee Vo Van Mot and Tran Van Vinh.

(ĐN)- A signing ceremony for a cooperation agreement between Dong Nai Food Industry Corporation (Donataba), Prudential Fund Management, Pronconco and Glon Group (France) took place on December 4 in Dong Nai under the witness of Secretary of Dong Nai provincial Party Committee Tran Dinh Thanh, Chairman and Vice Chairman of the provincial People’s Committee Vo Van Mot and Tran Van Vinh.

 

At the ceremony, four companies announced that they will form two joint stock companies to promote the agro-industry in Dong Nai Province.

 

The first entity, which will be called the Development and Technology Joint Stock Company (DTJSC), will provide technical solutions in livestock breeding from breeds, foodstuff, technical training, breeding, slaughtering to consumption.

 

The second joint stock company is Agro-Park, which closely unites all the phases of the agro-industry from breeding and cultivation to processing and consuming. Agro-Park is the first-ever agro-industrial complex in Viet Nam, adapting the model "from farm to table" which the Glon group has done at Bretagne, France.

 

Alain Glon, chairman of the Glon group, said "With the experience of over 60 years in livestock breeding and processing, we are completely capable to make Dong Nai Province become a large center in the field in 20 years, just as what we have done for Bretagne in France."

 

The initial investment for Agro-Park is planned at VND500 billion, 70 percent of which was contributed by Donataba, 20 percent by Prudential, 5 percent by Glon, and the remaining 5 percent by DTJSC.

Reported by K.L