On July 21, Tran Van Nam, vice chairman of the provincial People’s Committee paid a working session with Olmix Corporation to debate preparation for an investment project in Binh Duong province.

 

Olmix Corporation of France specializing in manufacturing nutritious products for animals and plants has been presented at 65 nations. Mr. Herve Balusson, president cum general director of the corporation said that owing to the Asian market’s demand, the corporation decided to invest in Binh Duong to make up products for Vietnamese and Asian markets.

 

It is expected that the project will be launched at Song Than 2 IP and have the total investment capital of Euro5mil with the capacity of about 5,000-10,000 tons pf products per year.

 

At the working session, the provincial chairman applauded Olmix corporation’s investment selection in the province and said that the corporation’s operation is suitable to the provincial orientation of hi-tech agricultural development. He also stressed that Binh Duong always facilitates investors’ operation and steers functional agencies to help Olmix Corporation complete investment procedures.

 

Reported by T.Minh – Translated by A.C