Quang Nam Rubber Corporation to Expand Rubber Areas
Expanding rubber acreage in the central Quang
By the end of 2003, the company developed 1,970 hectares of new rubber plantings, mainly in Hiep Duc and Duc Phu rubber farms, and plans to grow another 600 hectares of rubber this year. Under the Government’s approved plan, the total area of rubber the company will develop by 2015 is 6,000 hectares.
This is also part of the Vietnam Rubber Corporation’s plan to develop a mountainous economy and culture, in connection with economic development along the
This expanded acreage is seen as a motivator for the development of the latex processing industry and in the long run, rubber trees will be a source for wood processing in Quang
At present, Quang Nam Rubber Corporation is sponsoring two villages of Phuoc Tra Commune as part of a project to support heroic Vietnamese mothers. Last year, the company provided jobs for 702 local households, of which 162 are ethnic minority. Each household is responsible for caring for a garden of rubber trees with a monthly payment of VND385,200.
Expanding rubber crop areas in Quang