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Zenaku

05/01/18 3:04 PM

#136579 RE: dadofduck #136572

On January 05th 2017, Chairman Dinh Van Thu and Vice Chairman Le Tri Thanh chaired the meeting with Kraig Biocraft Laboratories Inc., (KBLB) on cooperating in research and development of the hi-tech silk worm strains in Quang Nam province to produce high quality silk for export to the US market.

Attending the meeting were the leaders of the Department of Planning and Investment, Agriculture and Rural Development, Industry and Trade, Natural Resources and Environment, the Center for Public Administration and Investment Promotion Office and PPC Office.

The KBLB representatives of included Mr. Kim K. KBLB Thompson, CEO, Jon Rice, COO, Mr. Kenneth Le, Vietnam Representative and Ms. Angela Ching, Lawyer.

The KBLB’s CEO cited that the Company is based in the State of Michigan, USA. After 15 years of collaborative research with the Universities of Wyoming and Notre Dame, the Company has successfully bred transgenic silkworms on breakthrough basis to produce high quality silk of super strength, safety, environmentally friendly and high competition and high economic value ... The Company plans to search for a place for development and investment in large-scale production to meet the increasing demand of the US and international markets. In particular, the Company wished to cooperate with Quang Nam to research and develop a hi-tech sericulture project which requires ??a land area about 2000 hectares.

Specifically, 200ha will be used to build a research and development center to create hi-tech hybrid silkworm strains which can be multiplied in provision for local farmers engaged in breeding silkworms and producing cocoons for the project; 1800 hectares of land owned by farmers will be engaged in farming contract to grow mulberry, breed silkworms and supply high quality cocoons for the Company. The Company will first of all concentrate on workforce training aimed at creating new jobs and stable incomes to thousands of farmers engaged in the project.

After having listened to the Company’s presentation on the project overview and exchanged opinions in a spirit of mutual understanding and cooperation of both parties, Chairman Dinh Van Thu affirmed that Quang Nam province highly appreciates the KBLB’s development plan and will do its best to cooperate with the KBLB in effective research, development and implementation of this important and significant project, especially so as to help actively recover the traditional sericulture industry of the province creating more jobs for the local farmers in the districts of Duy Xuyen, Dai Loc, Dien Ban... and simultaneously requested that after field visit, the KBLB prepares and submits an investment project proposal for approval and early implementation. Quang Nam province committed to establish a task force including key members of the relevant departments, agencies and localities to actively cooperate with the KBLB in research, development and implementation of this project .

On behalf of the KBLB, Mr. Kim K. Thompson- CEO expressed his sincere thanks to Quang Nam PC and its departments and agencies for taking time to meet with the KBLB and also pledged to accelerate the research, preparation and completion of the procedures for early implementation of the project in order to create thousands of new jobs for local workers, bringing many benefits to both Quang Nam province and the KBLB.

On the same day, the Department of Agriculture and Rural Development and the Center for Public Administration and Investment Promotion have taken the delegation to the proposed sites, visiting some mulberry farms and silkworm breeding and silk reeling facilities in Duy Xuyen district.
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