Taking a step further in the Russian market, TH Group starts a large project in the Far East region

TH Group has just officially started the project of raising dairy cows and processing milk in Primorsky Krai (Russian Federation). With an investment capital of 19 billion rubles, this project marks the next step of TH in Russia. TH Group has just started the project of raising dairy cows and processing milk in Nikolo-Mikhailovka village, Yakovlevsky district, Primorsky Krai territory, Russian Federation. The project has an investment capital of 19 billion rubles, equivalent to more than 5,200 billion VND. Thus, after the successful milestones in Kaluga province and Moscow province, where TH farms and factories are considered key projects for economic development of the region, TH continues to take new steps in its investment journey to the Russian Federation.

TH Group officially started construction of a 5,200 billion VND project in the Far East region, Russian Federation

According to the plan, TH Group will build a farm with a total herd of 12,000 cows, 6,000 milking cows and a milk processing plant with a capacity of 250 tons/day in Primorsky Krai province, in the Far East region of the Russian Federation. In addition, TH will also develop a concentrated raw material area with a scale of 13,000 hectares. In addition to the milk project, TH Group will simultaneously develop the cultivation of crops such as alfafa grass and soybeans for export to potential markets. Due to geographical characteristics, the areas where the TH Project is being implemented in Primorsky Krai face many challenges, such as many low-lying areas, lacking electricity, road, gas infrastructure, etc. Moreover, most of the agricultural land has been abandoned for many years and is in a state of flooding, due to the lack of drainage canal systems or the old canal systems have been buried, needing to be reclaimed, dams built to prevent river water from overflowing into the production area during the snow-melting season and the rainy season. However, with the determination of the TH Group's Board of Directors, the outstanding leadership mindset of the Founder - Labor Hero Thai Huong, as well as the support of the local government, the barriers are gradually being removed, all difficulties are gradually receding to make way for opportunities. The project receives a lot of support from the Federation and localities, including support policies for businesses that are members of the Far East Superior Economic Zones, support for land reclamation costs; purchase of agricultural machinery; farm construction; Milk subsidies, preferential loans... Before starting the dairy farm, since 2021, TH has reclaimed and planted soybeans. In 2024, the Group's plan is to plant soybeans on an area of ​​2,150 hectares and reclaim about 5,200 hectares of land. In 2025, it will reclaim more than 4,000 hectares of land, bringing the entire 13,000 hectares of land received into cultivation.

Land is being reclaimed to prepare for the first items of the TH Project in Primorsky Krai

The coastal territory of Primorsky Krai, with the administrative center of Vladivostok city, is an area that Russian President Vladimir Putin affirmed as an absolute priority area of ​​Russia in the 21st century. Realizing the great potential of this area, very early, Ms. Thai Huong, Founder and Chairwoman of the TH Group Strategy Council, decided to invest here. At the Eastern Economic Forum, on September 6, 2017, Hero of Labor Thai Huong commented on the Far East Region in her speech before President Vladimir Putin that: “The Russian Federation has vast land, but except for the lands in the South such as Sochi or Krasnodar... which have a longer production period, most of the year only 6 months can be cultivated, the remaining 6 months are hibernating. But I consider that a priceless gift that nature has bestowed upon the great Russia”. According to Ms. Thai Huong, during the 6 months of hibernation, microorganisms work to create a priceless clean nutritional ecosystem for the soil and it is also a time for the soil to rest. Just by bringing in science - technology and management science, these lands will bloom, bringing unlimited values ​​that the world is dreaming of and aiming for - that is, organic clean agriculture serving human life. Ms. Thai Huong was the only woman among 40 investors to meet President Vladimir Putin, and was one of 5 foreign investors invited to speak at the Eastern Economic Forum that year. Speaking at the groundbreaking ceremony, Mr. Ngo Minh Hai, Chairman of the Board of Directors of TH Group, also shared that the leader of TH Group - Ms. Thai Huong - has a deep love for Russia. “The first core value that she oriented for TH Group is to bring 'true happiness' to the community. Under her leadership, we always want to contribute to bringing true happiness to millions of Russian people - a great friend with the most fate and gratitude to the Vietnamese people,” said Mr. Ngo Minh Hai. According to Mr. Ngo Minh Hai, the first items of the dairy farm - a warm home for 6,000 milking cows in the near future will be quickly deployed. Along with that, to implement the herd development plan, TH committed to reclaiming the entire 13,000 hectares received from the Primorsky government, to ensure food sources for the entire herd. By the end of 2027, when the dairy factory is put into operation, 100% of input materials will be supplied from the farm cluster and officially form a closed production chain applying high technology "from pasture to table", contributing to the economic growth of the Primorsky region.

Ha Nguyen

Source: https://baodautu.vn/tien-them-mot-buoc-o-thi-truong-nga-tap-doan-th-khoi-cong-du-an-lon-o-vung-vien-dong-d215733.html