Bac Giang province facilitates Australian investment

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The northern province of Bac Giang will create favourable conditions for Australian firms who want to land investments in local agriculture.

Hosting a business delegation from Australia on August 13, Chairman of the provincial People’s Committee Nguyen Van Linh pledged to prioritise investment licensing and ensure legal procedures so that Australian companies can enjoy smooth operation here.

Linh briefed the Australian guests, including representatives from HunterNet and Green Agri Groups, on the local economy and agriculture, saying that the province has 17 million head of poultry, with an output of 26,000 tonnes per year, offering great opportunities for companies who are interested in the province’s poultry processing sector.

Also, he stressed that before investment, the corporations should meticulously study the market, material sources and prices to assure sustainable development.

Seeing Bac Giang province’s strengths, HunterNet, with over 200 companies active in various sectors, including clean agriculture, wants to build poultry and farm produce processing plants in the locality as well as form strategic cooperation for its long-term goals.

HunterNet Managing Director Cade Anthony James hoped to receive the local authority’s support in introducing suppliers and farm produce businesses in the province.

He said this will help his corporation have precise evaluation on the province’s capacity in the sector.

After the working session, the Australian delegation conducted a fact-finding tour of Yen The district’s husbandry and poultry consumption.