Mekong Cooporation EURO BV Group (MCE) and AVP Energy Co., Ltd. (AVP) held a working meeting with leaders of Binh Phuoc Province on investment projects in the circular economy model industry of the city.PECashews Ruan Qingjin, the general manager of MCE, revealed that MCE and AVP are about to invest up to 250 million US dollars in the cashew nut industry in Binh Phuoc province. Among them, a fruit tree research and development pilot area and a cashew nut processing plant will cover an area of 200 hectares.

Economic experts said that circular economy is the development trend of today's world. The circular economy model will help save resources, protect the environment, promote economic development and improve social benefits. In particular, the circular economy will help to use waste from one industry as raw materials for other industries, thereby reducing greenhouse gas emissions and climate change.