THE NETHERLANDS PROVIDES GRANT FOR NGOC HOI FEEDMILL PROJECT

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THE NETHERLANDS PROVIDES GRANT FOR NGOC HOI FEEDMILL PROJECT

Hanoi, 12 October 2000

Speech by the Ambassador of the Kingdom of the Netherlands to Vietnam, mrs. Monique Frank, at the signing ceremony of the Vinalivesco Feedmill project on 12 October 2000 in Hanoi. The grant agreement was signed by mrs. Frank and the Vice Minister of Agriculture and Rural Development of Vietnam, mr. Nguyen Thien Luan. The ceremony was attended also by the Chairman of Vinalivesco, Mr. Doan Xuan Truc, 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 be here and to be able to sign the grant agreement for the Vinalivesco Feedmill or as it is better known the Ngoc Hoi Feedmill. The total project size amounts to nearly 4 million Netherlands guilders, of which 35% will be a grant from the Netherlands. The total grant will be some 1,4 million Netherlands guilders.

The project aims at establishing a feedmill with an annual capacity of 100,000 tons of high quality animal feed. 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 the ORET-grant it can make a small contribution towards this development.

Through the ORET-programme,  over the last nine months,  the Netherlands has made available a total of 26 million guilders, roughly some 12 million dollars, towards similar transactions. Moreover, this month alone we have had the pleasure of already signing another grant agreement for a feedmill project in Vietnam. This will be the second, and very likely not the last! The growing number of successful ORET-projects form yet more evidence that our economic bi-lateral relations are growing stronger and stronger.

May I express the hope that the feedmill will act as evidence of this strong relationship and that it may operate successfully. Given the already more than eight feedmills the Van Aarsen-company successfully has installed in Vietnam 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.

I thank you for your attention”
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For any further information please contact ms. Do Hong An, Commercial Assistant, the Royal Netherlands Embassy at tel. 8315650.