Japanese flower firm to invest in Da Lat

Japan’s Kawasaki Flora Auction Market Company Limited plans to invest in Da Lat floriculture to supply flowers to Japanese and European countries.

The company wants to co-operate for up to 50 years in Da Lat and the entire Lam Dong province, said former Counsellor from Vietnamese embassy in Japan Dao Ngoc Canh.

In the first year, the firm plans to grow flowers in a 10-20ha site, and then expand to a 50ha place after three years and 100-200ha after the fifth year.

Established in 1961, Kawasaki Flora owns production bases in 12 Japanese provinces and in foreign countries such as Colombia and Kenya in order to provide fresh flowers for its stores across Japan.

According to Viet Nam Cooperative Alliance President Vo Kim Cu, the organisation will create favourable conditions for the bilateral partnership. However, Japanese company needs to elaborate specific plans in terms of co-operation forms, shares, investment and responsibilities of two parties based on the principle of mutual benefits.

He also suggested the company make use of land sources to invest in vegetable cultivation and other agricultural activities.

Earlier, Da Lat was working with Japanese OTA Floriculture Auction Company Limited and local agencies to establish a flower trading centre in the city.

The centre will be set up at the bottom of Mimosa Pass, a gateway to Da Lat, on an area of 16.6ha with maximum purchasing capacity of 2.5 million flower branches per day and is expected to trade 550 million flower branches per year.

Once operational, the facility will serve as a trading platform for flower farmers and consuming units to supply flowers to markets with transparent prices.

Lam Dong Province has a total flower growing area of 7,760ha with an annual output of more than 2.4 billion flower branches, of which Da Lat and its neighbourhood make up 70 per cent of acreage and production.

Da Lat has built a common brand called Da Lat Flower used by some 110 grower households.

Earnings from the local floriculture sector currently reach VND750 million (US$33,000) per hectare annually.

Source VNS