Greengoods Company backs modern agricultural practices in Laos

Students in the Faculty of Agriculture, under the National University of Laos (NUOL), and farmers will be able to get lessons and practice in modern agriculture in order to boost the efficiency of agriculture, thanks to the support of an agricultural solutions company from South Korea, the Greengoods Company Limited.

The company has provided equipment to enable practical education for students and farmers in the Faculty of Agriculture community, as well as boost efficiency in agricultural production, and most importantly to turn traditional agricultural production into a modern agricultural practice.
A ceremony to hand over equipment for use in the project took place on Wednesday at the Faculty of Agriculture, Nabong Campus.
The event was organised by the Korea Trade-Investment Promotion Agency (KOTRA) Vientiane, Commercial Section of the Embassy of the Republic of Korea.
Present on the occasion were Dean of the Faculty of Agriculture, Mr Thongoum Inthaphone; the CEO of Greengoods, Mr Jaewon Lee; officials involved and representatives from KOTRA Vientiane.
The items provided included two tractors, five two-wheel tractors, and two rice transplanters, worth US$33,615 in total.
Meanwhile, the Milk for Lao organisation, under Greengoods, will arrange an online seminar to share experiences on how to effectively use the equipment in actual agricultural work.
Greengoods has successfully led the poultry business by introducing the Korean farming cooperative system in Laos.
In particular, in cooperation with the NUOL, the company has built a model to enable continuous income generation for farmers in Vientiane.
The Korean farming cooperative system implemented by Greengoods has provided total solutions for chick supply-purchase-slaughter-distribution and marketing so that Lao farms can generate a profit.

It also provides opportunities to increase agricultural productivity and efficiency through the donation of agricultural machinery and educational programmes.
Speaking at the event, Mr Thongoum Inthaphone expressed his gratitude to Greengoods for their long-time support to society, especially in educating and sharing knowledge in terms of modern and effective agricultural productivity.
“The equipment for practical education is limited in the faculty, but now we have such modern equipment to facilitate both agricultural work and education, so we are very grateful and honoured that such a ceremony has taken place,” he said.
Mr Jaewon Lee said he was thankful for all the contributions and cooperation from the university, especially the Faculty of Agriculture, which is acting as a coordinator to support the Milk for Lao organisation, as well as the Ministry of Agriculture and Forestry.
He hoped that Greengoods will grow in terms of business, along with the development of the community Greengoods engages with.
“Lastly, special thanks to KOTRA Vientiane for sponsoring this CSR Program throughout the process,” he said.
He also mentioned that the short-term goal is for Lao farms to stably develop a sustainable income model, but in the long-term he plans to transform into a data company capable of value creation based on smart farm solutions.
“The plan is to implement a step-by-step approach such as dairy farming and feed processing as well as a poultry business by introducing an eco-system that considers the farming environment of Laos and prepares standards for Lao farming businesses,” he added.
He also spoke of his ambition to develop into a company that collects data in the long term, provides planned production solutions suitable for farm families, establishes standards for Lao farming businesses, and provides consulting for them.
The Director of KOTRA Vientiane, Mr Pilseong Kim, said the handover ceremony marked an important collaboration in agriculture between Greengoods and the University of Laos, and between the Republic of Korea and Laos as a whole.
KOTRA Vientiane is committed to supporting Korean companies that wish to contribute to society through the so-called Global Corporate Social Responsibility Program (Global CSR Program).
In 2021, CSR programmes such as Greengoods: Laos Livestock Solution, Used Agricultural Machinery Equipment Relocation Business, The Bless Moon: Educating students how to make-up were promoted.
Additionally, KOTRA Vientiane provided Covid-19 protection equipment including 400 boxes of face masks, 100 bottles of hand spray sanitiser, 50 bottles of hand gel sanitiser and 6 infrared thermometers to the Faculty of Agriculture in response to infections that occurred in the faculty. 

By Advertorial Desk
 (Latest Update November 11, 2021)