Marco Trimborn - CEO in charge of European and Asian markets of the Mekong Corporation Europe BV (MCE) of the Netherlands - highlighted the great potential of Binh Phuoc for developing cashew, saying that his firm wants to join in the field, towards developing Binh Phuoc cashew into an international brand.

He said MCE plans to invest about 250 million USD in the work, focusing on building infrastructure facilities for planting organic cashew trees and processing clean cashew nut for export.

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Photo: cafef.vn

It will consider the possibility to expand the high-quality cashew material area in Bu Dang district with a total area of 200,000 ha, and support the development of another 5,000-ha material area that is capable of tracing and complying with strict export conditions to the European market.

MCE will also serve as a bridge for exporting the locality’s cashew nut meeting standards for the European market, towards exporting organic cashew nut and by-products from cashew trees.

Representatives of Binh Phuoc’s relevant departments and sectors provided information on cashew development in the locality, and hoped Dutch enterprises will consider specific investment plans to help increase the value of products.

Vice Chairwoman of the provincial People’s Committee Huynh Thi Hang said  the locality has planned to plant 200,000 ha of cashew in the coming time, proposing the Dutch side to have specific plan for investment, thus supporting Binh Phuoc in building organic cashew material zones.

Source: VNA