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Approval of investment policy for high-tech sow farm with capital of 135 billion VND

Việt NamViệt Nam05/06/2024

The People's Committee of Quang Tri province has just issued a decision approving the investment policy and approving the investor Farm Tech Investment and Development Joint Stock Company to implement the closed high-tech sow farm project in Vinh Ha commune, Vinh Linh district.

Approval of investment policy for high-tech sow farm with capital of 135 billion VND

Accordingly, the project's investment capital is 135 billion VND, of which the investor's contributed capital is 27 billion VND, and mobilized capital is 108 billion VND. All works and items in the pig farm are level IV works, with 1 floor.

In which, the sow breeding area is arranged with works suitable for the landscape, architectural harmony in the overall plan. The expected land area is 138,652 m2 . The project's operation period is 50 years from the date of issuance of the land lease decision and the decision to change the land use purpose. It is expected that in the third quarter to the fourth quarter of 2026, the project will complete equipment installation, trial operation, acceptance and put into use.

The closed high-tech sow farm project in Vinh Ha commune belongs to a special investment incentive industry and is implemented in a difficult area, so if implemented, it will be entitled to a number of incentives such as: exemption and reduction of land rent, land use tax; corporate income tax; import tax according to the provisions of law.

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