HAGL continues to import nearly 3,500 cows through Quy Nhon Port

On the morning of November 13, 2014, a NADA specialized ship with a capacity of nearly 47,000 tons transported more than 3,400 cows to Quy Nhon Port safely. It is known that earlier on October 6, 2014, Quy Nhon Port welcomed a special train carrying over 2,000 breeding bulls under the investment cooperation agreement “Project of raising dairy cows, beef cattle and building a factory. Processing”.

This is the number of cows in the investment cooperation agreement “Project of raising dairy cows, beef cattle and building a processing factory” between 3 companies, namely Hoang Anh Gia Lai Joint Stock Company, Nutifood Company and Vissan Company. Accordingly, the dairy and beef cow project is invested by HAGL; Dairy factory project undertaken by Nutifood Company; the amount of beef and cow’s milk created from this cooperation project will be consumed by Vissan Company.

“Each cow has an average price of US $ 700, a cow about 18 months old, weighing 250kg, after 7 months of raising, every day up to 1.5kg will have the first batch of beef, each weighing 500kg. ” Doan Nguyen Duc, Chairman of HAGL Group said.

According to information published in the signing ceremony of the agreement in early June 2014, this cooperative project has an investment capital of about VND 11,000 – 12,000 billion; In particular, the project of raising dairy cattle and beef cattle with a capital of about VND 6,300 billion, when completed in 2015, will have a total of 236,000 heads of beef and dairy cows. Beef cattle are imported from Thailand, Australia; Dairy cows imported from Australia, New Zealand and USA.

This cooperation will enable consumers to use quality beef, competitive prices because according to Vissan’s statistics, every day the total demand of beef across the country is 3,000 heads but the price of imported beef high again. The businesses are committed to providing beef as well as 100% fresh milk, good quality, and affordable prices for domestic consumers.

Quoc Khanh – according to Saigon Economic Times online

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