Northern province issues policies to encouragement investment in agriculture
Saturday, 25/04/2015 16:26 (GMT+7)
The northern province of Quang Ninh has issued specific policies to encourage enterprises to invest in the agricultural sector until 2017.
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Production of red dragon fruits in Dong Trieu district brings high economic value. (Photo: quangninh.gov.vn) |
Accordingly, enterprises who invest in the agricultural sector will be assisted with 50% of fees for site clearance, land and water surface hire; receive a supportive interest rate of 6% per year over a maximum of 3 years. Meanwhile, enterprises that run a chain of production, process and sale of products and have contracts with farmers will be assisted with a 100% interest rate for the factual outstanding balance.
In addition, enterprises will be supported for fees for technological transfer, materials, workforce, labourers’ training, infrastructure and site smoothing.
The policies put forth regulations on the support in each production area, including investment in pigs; chicken; aquaculture; animal and poultry slaughtering grounds; foundations for preserving and processing of agricultural, forestry, medicine plants and fisheries products with advanced technologies.
Projects that want to enjoy the support must satisfy some requirements, including using at least 30% of local labourers, being adopted by authorised agencies, having commitments for ensuring progress, ensuring criteria for environmental and hygiene standards as well as other veterinary hygiene and disease preventive safety./.