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01/09/2020 - 10:56

Long An cooperates with Loc Troi Group on developing value chain of rice and fruit trees

On August 27, the Long An People's Committee and Loc Troi Group Joint Stock Company signed a cooperation agreement to develop the rice value chain, the program of association and development of a new type of cooperative associated with building raw material areas for rice and fruit trees, developing cooperatives, cooperative groups and Farmers clubs, providing agricultural services, especially hi-tech agricultural services.

Long An People's Committee and Loc Troi Group Joint Stock Company sign a cooperation agreement

Long An People's Committee and Loc Troi Group Joint Stock Company sign a cooperation agreement

Accordingly, the content and goals of the cooperation include the support for strengthening quality and establishing new cooperatives, human support; capital, finance; machinery and services; advanced production process; building brands for agricultural products, and also supporting cooperatives in finding markets for agricultural products. The cooperation period is from 2020 to 2024.

Accordingly, the Long An People's Committee established a working group to implement the coordination program; creating all conditions for investment procedures so that Loc Troi Group can deploy programs and projects; legal support for the group to access capital sources and other supports in a timely manner; ensure the interests of the corporation to enjoy the investment promotion policies of the central and provincial levels.

The province also supports Loc Troi Group in building rice value chains; forming material zones in the form of association with farmers associated with building at least 100 new-type cooperatives producing the standard rice and fruit trees, establishing cooperatives producing rice and fruit trees branded and qualified for export. At the same time, the province builds the infrastructure system to the fence of the enterprise's project on the basis of applying the current policies of the central and local government, ensuring the implementation of current regulations and in accordance with the resources of the local budget.

Loc Troi Group Joint Stock Company will prepare the documents and procedures as prescribed to proceed with the legal order and procedures to complete the investment project and plan for implementing the project. It proposes to establish a Coordination Team, coordinates with local agricultural units to develop a comprehensive cooperative action program based on technical activities and integration, linked with local programs on production, applying high technology and trade. In addition, it builds and completes the contents of coordination activities, specific plans in 2020, orientations for the following years, the contents of the cooperation agreement./.

By Tan Loc – Translated by Duc Tam