Binh Ha Livestock Investment Co. has got the go-ahead from the government of Binh Dinh Province to implement a cow farming project worth VND3.6 trillion (US$165.4 million) in the province.
A major shareholder of Binh Ha is Hoang Anh Gia Lai Joint Stock Company, which has already partnered with a number of companies to develop a chain specializing in producing beef and milk in and outside Vietnam, according to the provincial Investment Promotion Center.
Binh Ha plans to raise up to 100,000 cows on 5,080 hectares in Van Canh, Hoai Nhon, An Lao and Hoai An districts of the province. This will be the biggest livestock project in the central coast province.
The investor is completing procedures so that work on the project can start this year. The company will import pregnant Brahman cows and carves from Australia for cultivation at the farm in Binh Dinh Province in the initial stage. The enterprise will apply Israel’s drip irrigation technology to water grass to feed cows.
According to the center, this cow farming project will create many jobs for local people and turn out products for domestic consumption and export.
Last year, the government of Binh Dinh Province completed a master zoning plan for livestock farming until 2020 with a vision toward 2030 and a scheme to produce quality beef until 2020.
The province will improve its native breeder cows and produce high-quality beef, pig and poultry meat in order to create more value-added products for local consumption and export.
Apart from Binh Dinh Province, domestic enterprises have spent big on cow farming in Dak Nong, Daklak, Ha Tinh, Gia Lai and Quang Ninh provinces.
(Saigon Times 2015/06/08)