Navico invests USD 172 million in high-tech pangasius farm

(01/10/19)

 

Nam Việt Joint Stock Company (Navico) started Nam Việt Bình Phú high-tech aquaculture project, considered the country’s largest-ever tra fish farming project, in An Giang Province’s Châu Phú District.

The project is developed by Navico’s Nam Việt Bình Phú Seafood Co, Ltd, on an area of 600 hectares, and will represent a total investment of VND 4 trillion (USD 171.9 million) in the district’s Bình Phú Commune, VNS reported.

One area of the project will be devoted to high-quality fingerlings of tra fish. It will demand an investment of VND 1 trillion (USD 43 million) and an annual capacity of 360 million units for the local market.

Pangasius processing plant.

Another area will use high-tech applications to rear commercial tra fish, with an investment of VND 3 trillion (USD 129 million) and an annual capacity of 200,000 tonnes for..................................................

 


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