TH True Milk seeks investment opportunities in Russia
Published: July 09, 2015
The Vietnamese dairy firm TH True Milk is interested in expanding its business in Russia by investing 2.5 billion USD in a project on dairy cow breeding and processing of dairy products.
Dairy farm of TH True Milk in Nghe An Province (Photo: VNA) |
Accordingly, about 200,000 milk cows will be raised on an area of 80,000 hectares.
The project will be divided into 3 phases. After completing legal procedures and necessary preparations, the first phase is expected to kick off in late next year.
TH True Milk, a pioneer in promoting clean dairy products in Vietnam, recently broke a record in the India-based Asian Record Organisation to become the top Asian large-scale and high-tech dairy farm.
(Source: VNA)
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