Dinh Cong Su, Vice Chairman of the provincial People's Committee holds a working session with an Irish company.
Rory O'Driscoll, Director of Bio-Tech International, said the company has coordinated with Hoang Ha Huy Import-Export joint Stock Company to conduct research on moringa cultivation areas with the application of high technology and processing plants using advanced extraction techniques to export products to Asian and North American markets.
It plans to implement the project on developing concentrated growing area and a processing factory for moringa trees-related products in Cao Phong and some districts in the province, he added.
Moringa oleifera is a drought-resistant plant that can survive in different types of soil, including poor and barren ones. It grows well in areas with altitudes of 2,000m or less, temperatures from -1°C to 48oC and annual rainfall from 750 - 2,200mm, therefore, it is suitable for growing the plant in the northern midland and mountainous regions.
The director of Bio-Tech International suggested the provincial People's Committee allow the company to conduct a survey and collect more information about expanding moringa oleifera growing areas that meet good agricultural and collection practices of the World Health Organisation (GACP-WHO) standards and apply high technology.
Anarea under moringa oleifera cultivation of between 5,000 and 25,000ha will contribute to preventing erosion and landslides, protecting the ecological environment, reducing the greenhouse effect, enhancing biodiversity, and promoting biotechnology development in Hoa Binh province as well as stabilising livelihoods for people and developing local economy sustainably.
Besides, the company will invest in a factory for the production, preservation, processing, and extraction of moringa oleifera, which covers 10ha. The project will involve about 8,000 - 10,000 local workers who will undergo training in necessary skills.
Addressing the meeting, Su briefed participants about the socio-economic situation as well as the province's development policy, emphasing that the agricultural sector is one of the strengths of the locality.
He went on to say that Hoa Binh always welcomes businesses and organisations to invest and work in the province, so it will create favourable conditions and support investors who want to explore investment opportunities in the locality.
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