RoK helps Mekong Delta modernise agricultural sector

Representatives from Can Tho city on May 6 had a working session with the Korea Agricultural Machinery Industry Cooperative (Kamico) to discuss the implementation of the project. 

Accordingly, 60% of the amount will be used to purchase the latest machines from the RoK for agricultural production. The remainder will be allocated for human resources training and technology transfer.

Kamico will also invest up to VND1.4 trillion (US$65.8 million) in building infrastructure to facilitate the implementation of the project.

Truong Hoai Nam, Vice Chairman of the municipal People’s Committee, said the project will benefit both sides. Regional farmers will be offered access to modern equipment, increasing the quality and output of products.

Vietnam will also be a potential market for the RoK’s enterprises operating in mechanics if their commodities are good and have a competitive price, as most localities across the country currently use made-in-China machines.