Participants in the signing ceremony included Mr. Pham Thanh Khon - Chief of Management Unit of Vinh Long Industrial Zones, Mr. Trieu Hoa Vinh - General Director of New Hope Vinh Long Company Limited and Mr. Truong Dinh Thao - General Director of Hoang Quan Mekong.

Accordingly, Hoang Quan Mekong has accepted the land sublease of New Hope Vinh Long Company Limited with total area of 31,536m2 in Lot H13 and part of Lot H1 and H2 of Binh Minh Industrial Zone (My Hoa, Binh Minh, Vinh Long) in order to construct a Feed factory for livestock and poultry for the markets of southern provinces and export to foreign countries. The value of contract is VND44 billion and a lease term of 40 years.

The contract signing ceremony between Hoang Quan Mekong and New Hope Vinh Long Co., Ltd 

It is expected that New Hope Vinh Long Co., Ltd will start the construction of feed factory for livestock and poultry in Quarter 1/2017 and it will be put into operation in Quarter IV/2017, providing stable employment opportunities for about 200 local employees.

New Hope Vinh Long Co., Ltd is a member of New Hope Singapore Group, a leading group in the field of high quality animal feed. New Hope Group is present in many countries around the world including Singapore, Vietnam, Indonesia, Bangladesh, etc. with annual capacity is estimated at 20 million tons.

Representatives of Hoang Quan Mekong and New Hope Vinh Long Co., Ltd 

In Vietnam, New Hope Group has invested in seven feed factories in Hanoi, Bac Giang, Hai Phong, Thanh Hoa, Binh Dinh, Ho Chi Minh City and Dong Thap. Vinh Long is the next location in New Hope's expansion plan. In particular, the New Hope decided to choose Binh Minh Industrial Zone as the location for the feed factory. It has shown the ability to attract investment in Binh Minh Industrial Zone through the advantages of location, infrastructure, human resources, preferential policies of IZs and localities, etc.

Binh Minh Urban Area - Port – Industrial Zone with scale of 162ha

Binh Minh Industrial Zone belongs to Binh Minh Urban Area - Port – Industrial Zone with the area of 162ha invested by Hoang Quan Mekong Company. It is located in front of National Highway 1A through the Mekong Delta provinces and quickly connects to Tra Noc Airport, Cai Cui port, etc. Binh Minh Industrial Zone facilitates the goods circulation of enterprises and factories, etc. In addition, with complete infrastructure system and support policies from IZs and local authorities, such as rental rates, preferential tax rates, tax exemptions, support Funding for investment promotion, human resources training, advertising costs, etc. Binh Minh Industrial Zone is a place worth investing by all domestic and foreign business partners.

SOURCE: HOANG QUAN GROUP