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TH True Milk to invest in Dak Lak

Released at: 08:47, 07/04/2017

TH True Milk to invest in Dak Lak

Illustrative image (Source:thmilk.vn)

Group to build fruit processing plant and solar power plant in central highlands province.

by Hai Van

The TH True Milk Group is looking to invest in new projects Ea Sup district in the central highlands province of Dak Lak.

The Group is to build a modern fruit processing plant in the province with input materials primarily grown on land belonging to the Dak Lak Forestry and Food Processing Limited Liability Company and from joint ventures with farmers and cooperatives in the province.

It also plans to invest in a solar power plant with a maximum capacity of 1,117 MW on 1,117 ha belonging to Dak Lak Forestry and Food Processing Limited Liability Company.

The investment will be implemented in two phases: the first having a capacity of 117 MW and the second 1,000 MW. To speed up its investments, the Group will survey the location of the fruit processing plant. Regarding the solar power project, it has proposed that the province decide to approve the investment and submit it to the government for approval.

Ms. Thai Huong, Chairman of the TH True Milk Group, said that strategic investment in science and technology to focus on bringing high technology into the Group’s production will bring into full play the local advantages to create a breakthrough competitive advantage, creating the basis for sustainable development.

At a recent meeting between the Group and the province, Chairman of the Dak Lak Provincial People’s Committee Pham Ngoc Nghi suggested that the Group quickly deploy the land use plan and survey the construction of solar power plants, and report to the province so it has a basis for reporting to the government.

Chairman Pham Ngoc Nghi also asked the Department of Industry and Trade to revise its power planning and study and supplement the Group’s solar power project into the provincial power plan. The People’s Committee unanimously decided to set up a steering committee to resolve and deal with difficulties facing enterprises when promoting and investing projects in Ea Sup district, thereby speeding up the tempo and creating favorable conditions for enterprises to invest in the area.

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