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| Working scene. |
NINATHAI Joint Stock Company was established in October 2019, specializing in trading organic fertilizers and biological products. From the very first days of operation, the company has cooperated with GIB THAILAND Company to import organic fertilizers and biological products for business in the domestic market. Fertilizer and biological products have been supplied to many provinces and cities across the country.
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| The Board of Directors of NINATHAI Joint Stock Company and GIB THAILAND Company directly surveyed the factory under construction. |
During the business process, NINATHAI Joint Stock Company decided to cooperate with GIB THAILAND Company to invest in building a fertilizer and biological product factory in My Loc Hamlet, Tan Phuoc 1 Commune, Dong Thap Province. The factory has an area of 3,000 m2 and is invested with a capital of about 3.5 million USD.
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| Board of Directors of NINATHAI Joint Stock Company presented gifts to Director of GIB THAILAND Company. |
The factory started construction in March 2025 and is expected to be put into production by the end of 2025. The factory has a capacity of about 10,000 liters of biological products/month and about 2,000 tons of organic fertilizers/month. Of which, GIB THAILAND Company contributes 20% of capital and transfers science and technology in production; the remaining 80% of capital is invested by NINATHAI Joint Stock Company.
According to the Board of Directors of NINATHAI Joint Stock Company, the company chose to cooperate with GIB THAILAND Company due to the similarities in soil and climate conditions between Vietnam and Thailand. Both countries produce many similar types of fruit. When cooperating with GIB THAILAND Company, the company will be transferred advanced science and technology in fertilizer production, in line with the current agricultural development trend.
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| Director of GIB THAILAND Company presents gifts to the Board of Directors of NINATHAI Joint Stock Company. |
When investing in a factory in Dong Thap province, the cost of investing in machinery and equipment will be reduced by 50% compared to importing from Thailand. In addition, when producing organic fertilizer domestically, the raw materials that need to be imported from Thailand only account for 20%, while domestic raw materials account for 80%. Therefore, businesses will receive a minimum cost reduction of 30% - 40%, helping the company's fertilizer products to be brought to the market at a more competitive price.
This will meet the desire of businesses to help farmers access quality fertilizer products at reasonable prices. Thereby, helping farmers reduce input costs in agricultural production, contributing to increasing the competitiveness of Vietnamese agricultural products in the international market.
ANH THU
Source: https://baoapbac.vn/kinh-te/202507/cong-ty-co-phan-ninathai-hop-tac-voi-cong-ty-gib-thailand-dau-tu-nha-may-san-xuat-phan-bon-huu-co-1046501/
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