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TheFishSite Latest News
Thursday, September 14, 2006
Print This Page Nam Dinh licenses first foreign investment in aquaculture
VIETNAM - The Red River Delta province of Nam Dinh has licensed a Taiwan-invested project on raising giant Pacific Oyster scientically named Crassostrea gigas, with an initial investment of US$120,000.The project, covering 10 hectares of water, is designed to produce 5 million fries and 833,000 kg of oysters for harvest a year, once it begins operations in 2008.
The potential farm is also expected to produce high-quality oysters for export to Taiwan, the US and Japan, in addition to providing raw materials for sea-food processing factories.
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Source: Vietnam Economy
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