Orlar and the Green Economic Recovery Package for Vietnam
The Australian Government will provide A$6.5 million COVID-19 for a Green Economic Recovery Package for Vietnam. Announced during the official visit to Vietnam of Australia’s Foreign Minister, Marise Payne, the package includes A$2.5 million for four business partnerships that will leverage a further A$9.2 million in private sector investment. These four unique partnerships, established under Australia’s successful Business Partnerships Platform, will support Vietnam’s green economic recovery through commercial initiatives in the energy and climate sectors.
Australia’s new Green Economic Recovery Package complements these commitments, supporting Vietnam to tackle the challenges of climate change and energy transition, while creating tangible economic benefits and supporting business growth.
Orlar Vietnam is a subsidiary of an Australian agri-tech company, Orlar International, committed to producing clean, contaminant-free, and carbon-neutral food farming solutions for communities around the world. Orlar Vietnam is awarded Advanced vertical farming for climate, lives and landscapes – A partnership with Australian agri-tech company, Orlar Vietnam and the Australian Government to scale an innovative vertical farming technology to increase sustainable food production and free up agriculture land for rehabilitation. The partnership will test and expand existing vertical farm technology to demonstrate the climate and economic value of vertical farms in the Mekong Delta, an area vulnerable to the impacts of climate change.
The four Business Partnerships Platform partnerships being awarded include:
• “Dual use of solar energy for agriculture and aquaculture in Vietnam” – a partnership between DFAT, Climate Sense, the Asia Foundation, Vietnam Bank for Social Policies (VBSP), GreenID and Vũ Phong – represented by Ms Trần Lan Phương, Deputy Director General of VBSP. This partnership will scale up investment in dual use agri-photovoltaic systems in the Mekong Delta.
• “Bioenergy on commercial farms in Vietnam” – a partnership between DFAT, SNV, E-Green, Nexus for Development and HD Bank – represented by Mr Phạm Đức Thọ, Director of E-Green. This partnership will scale up sustainable electricity generation at large and medium-sized livestock farms using state-of-the-art equipment.
• “Advanced vertical farming for climate, lives and landscapes in Vietnam” – a partnership between DFAT, Orlar, Raise Partners and SNV – represented by Ms Lê Cassandra from Orlar Vietnam. This partnership will deploy innovative vertical farming technology to increase sustainable food production in the Mekong Delta.
• “Sustainable cricket farming in Vietnam” – a partnership between DFAT, Cricket One, and Entomo Ventures – represented by Ms Từ Thu Hiền from Cricket One. This partnership is scaling up a cricket farming venture for a sustainable alternative food source.
Photo: The Australian Ambassador to Vietnam Ms Robyn Mudie, Ms Lê Cassandra from Orlar Vietnam, Mr Phạm Đức Thọ Director of E-Green, the Foreign Minister for Vietnam Mr Bui Thanh Son, the Australian Foreign Minister Marise Payne, Ms Trần Lan Phương Deputy Director-General of VBSP and Ms Từ Thu Hiền from Cricket One.
Dr. Lyndal Hugo, Founder and CEO at Orlar: “We can operate in these areas with 1% of the energy of other agri-technologies, net zero emissions, and 400x more water use efficiency than rice. Our latest tests show once again, zero residues in all our produce. The BPP accelerates our mission to create more clean jobs and more clean food for the development of Vietnam.”
Dr. Lyndal Hugo, Founder and CEO at Orlar Orlar Vietnam
About the Business Partnerships Platform
The Business Partnerships Platform supports direct partnerships between the Australian Government and inclusive businesses. These partnerships support COVID-19 recovery, climate priorities and development outcomes while providing sustainable commercial returns for the business.
Published announcements for Orlar: