Real estate company Him Lam will accompany farmers in growing macadamia and will support them if there’re any risks, its chairman said Wednesday.
Duong Cong Minh, board chairman of the Ho Chi Minh City-based company, made the statement during a meeting in Lam Dong Province in the Central Highlands, where he was selected deputy head of the steering committee of macadamia development project.
Pham S, vice chairman of Lam Dong, is the chairman of the committee.
The committee planned to allot 22,025 hectares of land in the highlands for macadamia farms by 2020.
It said 93 percent of the area will be used to plant macadamia trees along with other trees, 6 percent for exclusive macadamia farms and the remaining 1 percent for seed study and production.
Minh said Him Lam wants to support local farmers with their legitimate need to get rich.
He claimed farmers will lose nothing since all the farms will be insured, and his company and an insurance company of which Him Lam is a major shareholder will bear most risks.
“For those provinces that still hesitate to go on board [with the macadamia planting project], Him Lam is willing to invest in 10,000 hectares. We want to create jobs for farmers.”