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Vietnamese TH Group to set up cattle-breeding complex in Mikhailovsky TOR at the price of 16 billion rubles - EastRussia | Far East

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Vietnamese TH Group will create a cattle-breeding complex in Mikhailovsky TOR at the price of 16 billion rubles

Special project TORA and Free Port
The Far East Development Corporation and TiEich Rus Primorsky (Vietnam, part of the large agroholding of the TH Group) signed an agreement on the implementation of an investment project for the establishment of three livestock complexes and a dairy plant in Mikhailovskiy TOP (Primorsky Krai), investments are estimated at 16 billion rubles., said on Wednesday the press service of the Ministry of Regional Development. The company received the status of a resident of the TOP.

"The Far East has favorable conditions for crop production and livestock. Over time, we plan not only to meet the needs of the region, but also to export products. The Far East is in close proximity to the markets of China and Japan, where there is a large deficit of organic, organic products, and this opens up great opportunities, "the words of the general director of" TiEjch Rus Primorsky "Mrs. Ngo Thanh Hoan are quoted in the message. The capacity of the future complexes is calculated for 15 thousand head of cattle, the plant's capacity is up to 60 thousand tons of milk products per year. The project provides for the creation of 500 jobs. This year the company will start preparing the soil in Yakovlevsky and Spassky districts of Primorye, at the first stage it is planned to process 30 thousand hectares. Until the end of 2017, project documentation will be prepared.

As noted, the implementation of the project will require the expansion of the boundaries of the Mikhailovsky TOR. At present, the draft of the relevant resolution of the Government of the Russian Federation is being approved by the federal and regional authorities. In March, the implementation of this investment project was discussed at the talks during the visit to Vietnam of the vice-premier - presidential envoy to the Far Eastern Federal District Yuri Trutnev.
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