Radio Cadena Agramonte emisiora de Camagüey
Havana, Dec 16.- The Vietnamese company Hoang Gia Viet Food JSC signed an international economic partnership contract at the headquarters of the Cuban Ministry of Agriculture (Minag, for its acronym in Spanish) with the Alquízar Agricultural Enterprise of Artemisa, to boost cashew production and other short-cycle crops, Cubadebate reported.
The agreement establishes an investment of 50.56 million dollars, of which 29.1 million are allocated to the purchase of technological equipment and 21.45 million to transportation means related to agricultural activity, according to official sources.
The initiative will have an initial duration of 25 years, extendable, and will cover approximately two thousand hectares in Artemisa, with emphasis on technological modernization, value addition, and entry into export markets.
The program is supported by Cuba's Foreign Investment Law and was conceived as a mixed scheme that combines Vietnamese capital, technology, and expertise with Cuban agricultural potential.
Authorities from both countries emphasized that the project should become a model of effective cooperation by facilitating knowledge transfer, increasing productivity, and diversifying agricultural production in western Cuba.
Agricultural collaboration between Cuba and Vietnam has consolidated in recent years as a strategic pillar of bilateral relations, with projects for rice, grain, and aquaculture production, in which Vietnam provided seeds, machinery, and technical assistance, while Cuba offered land and labor.
The new venture in Artemisa reinforces this cooperation and seeks to expand the island's food self-sufficiency through the development of crops such as rice, peanuts, black beans, mung beans, and soybeans, in addition to cashews. (Text and photo: ACN)
