THE NETHERLANDS PROVIDES GRANT FOR BAC LIEU FEEDMILL PROJECT

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THE NETHERLANDS PROVIDES GRANT FOR BAC LIEU FEEDMILL PROJECT

Hanoi, 31 August 2000

Speech by the Chargé d’ Affairs of the Kingdom of the Netherlands to Vietnam, mrs. Ellen Berends, at the signing ceremony of the Bac Lieu Feedmill Project on  31 August 2000, Hanoi. The grant agreement was signed by mrs. Berends and the Deputy General Director of the External Financial Department of the Ministry of Finance, mr. Nguyen Thanh Do. The ceremony was attended also by the Vice Chairman of the People’s Committee of Bac Lieu province, mr, Nguyen Thanh Be, representatives from the Ministry of Finance,  Ministry of Planning and Investment and Office of the Government.

“It is a great honor, and indeed a great pleasure for me, to sign the grant agreement for the Bac Lieu Feedmill Project today. The total project size amounts to over 1.4 million US dollars, of which 35% is a grant from the Netherlands and 65% is contributed by the Bac Lieu Feedmill Company.

The project aims at establishing a feedmill in Bac Lieu province producing special high quality animal feed.  With higher quality feed the animals will reach the desired weight at an earlier stage in life. It also ensures a higher percentage of healthy young animals.  The production of such high quality feed is essential for the further development of animal husbandry in Vietnam. The Netherlands is very pleased that through its mixed credit programme it can make a contribution towards this development. Moreover,  next month I will have the pleasure of signing yet a second grant agreement for a feedmill project in Vietnam.

Over the past nine months,  Vietnam and the Netherlands have signed economic cooperation projects with the total amount of 21 million US dollars, of which 12 million US dollars are Dutch grant. The increase of economic cooperation projects is clear evidence that our economic bi-lateral relations are growing stronger and stronger.

May I express the hope that the feedmill will act as an example of this strong relationship and that it may operate successfully. Given the good reputation of Heemhorst I have no doubt that it will!

Wishing you good luck with the project and, of course, success with the further development of agriculture in Vietnam.

Thank you for your attention.”
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For any further information please contact ms. Pham Minh Thao, Commercial Assistant, Royal Netherlands Embassy at tel. 8315650 ext. 217.