Vietnam-based company FLC Group will invest $1 billion in a number of projects in the local agriculture, tourism and aviation sectors, the Minister of Agriculture announced last week.
After a meeting with a delegation of the Vietnamese conglomerate, Minister Veng Sakhon told reporters on Thursday that FLC was intending to invest up to $1 billion next year.
With regards to the agriculture sector, the company wishes to invest in vegetable and fruit production for export and in processing and packaging factories, the minister said.