Advance development territory limits in Primorye Region require expansion for Vietnam’s project launch - Russian Deputy PM

VLADIVOSTOK, August 17. /TASS/. Limits of the advanced development territory (ADT) Mikhailovsky in Russia’s Primorye Region are planned to be expanded for implementation of a project of Vietnam’s TH True Milk, Deputy Prime Minister Yuri Trutnev told reporters on Thursday. It was reported earlier Vietnam’s TH True Milk is going to build three milk farms and a milk processing plant in the Primorye Region. The company is also ready to plant soya and corn for its facilities. "We will approve the expansion for Mikhailovsky ADT and include the plots [allocated to TH True Milk - TASS] into the ADT limits. We will try to decide quicker; I believe two-three weeks are enough for that. The Far East Development Corporation will perform cadastral registration and estimate funds required for investments into infrastructure. An agreement with the investor will be signed after that," Trutnev said. The decision to allocate 50,000 hectares of land for the project has already been made, he added. Vietnam’s TH True Milk is currently implementing projects in Moscow and Kaluga Regions of Russia. Read more