The Vietnamese group will begin production of milk in the suburbs in 2017

MOSCOW, October 22. The Moscow region and the Vietnamese company TH True Milk has signed an agreement of intent, the signatures under the document were put by Governor of the region Andrey Vorobyov and the head of the concern Thai Huong. About it reports Regional news Agency of Moscow region (REMO).

“The subject of this agreement is the parties’ intention to create favourable conditions for the development of agro-industrial complex in Moscow region”, – stated in the document sent to journalists.

The TH True Milk group expresses its intention to participate in the placement of cattle-breeding complexes on the territory of the Moscow region in the period from 2016 to 2020, in the construction of dairy factories in the period from 2016 to 2017, in the organization of production and placing it on the market from 2017.

Moscow region government plans to inform the group about the procedure for granting land for the implementation of investment projects, as well as to provide other assistance.

As specified, a Vietnamese company includes enterprises on production of milk, its processing, marketing, food production. In a year the company produces 500 thousand tons of milk. Livestock is 137 thousand heads of cattle. In November 2014 representatives of the firm attended the International dairy forum in the Krasnogorsk situated near Moscow and announced the preliminary intentions of the company on implementation in the Russian Federation the investment project on creation of the dairy cluster with a total investment of more than $2.5 billion.

As the press service of the Governor and government of Moscow in accordance with the agreement in the period from 2016 to 2020 in the region should be placed livestock farms and dairy factory. In 2017 it is planned to put into operation the first phase of the complex by 45 thousand head, to complete the construction of dairy factory and to begin production.

The head of the Moscow region on October 21-22, is in the Socialist Republic of Vietnam for a working visit. During the trip he visited the Ho Chi Minh city and met with Chairman of people’s Committee of Ho Chi Minh city Le Hoang Quan. The delegation from Moscow headed by the Vice-Governor of the Moscow region Ildar Gabdrakhmanov and Vice-President of the regional government, the Minister of investment and innovation region Denis Buzaevym visited the production and export zone “tan Thuan”, Saigon Hi-Tech Park, as well as a new residential district, built by investors in the Vietnamese city of Ho Chi Minh city. Today Vorobyev will hold several working meetings in Hanoi.