US investors poured $ 100 million into Thanh Hoa

US investors poured $ 100 million into Thanh Hoa

Samuel Karp, Chairman of Kachay Global Development, also expressed his wish to expand the project area by 800ha after completing the infrastructure of the 200ha industrial park project.

The project of modern food industrial zone of 200ha, surrounding area will expand to 800ha, total investment capital is about 100 million USD.

The People's Committee of Thanh Hoa Province signed a Memorandum of Understanding (MOU) with Kachay Global Development (USA) in relation to the plan to invest in Lam Son - Sao Vang Hi-tech Agricultural Park.

After conducting field surveys, soil studies, land planning and other necessary conditions, Kachay Global Development wishes to invest in building a large-scale food industry here.

The area of ​​the project is about 200 ha, mainly investment in developing complete food value chain: closed production from farming to processing, creating commercial products for both domestic and export.

Estimated investment capital of the project is about 100 million USD.

Samuel Karp, Chairman of Kachay Global Development, also expressed his wish to expand the project area by 800ha after completing the infrastructure of the 200ha industrial park project.

This expanded area will be developed in the direction of tourism, hospital and residential projects in the form of calling for secondary investors to invest.

Leader of Thanh Hoa province agreed on the policy of the core area of ​​200 ha and committed to hand over clean ground to investors, then expand the vicinity of the project by 800ha.

At the same time, the province also suggested that investors agree with the locality on the list of products for planting and breeding, applying advanced production technology according to international standards in the project area.

The Lam Son - Sao Vang hi-tech agricultural park is located in Lam Son-Sao Vang hi-tech urban-industrial complex. It covers an area of ​​1,975 ha, belonging to Xuan Phu, Xuan Thang, Tho Lam, Tho Xuong communes in Tho Xuan district and Tho Son commune in Trieu Son district, Thanh Hoa province.

 

(Source: theleader.vn)

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