Spring Goodwill to Invest in $4.5 Billion Organic Fertilizer Plant and Agro-Forestry Special Zone in Angola

In the 2025-2030 period, Xuan Thien Group plans to invest in two organic fertilizer plants in Angola’s Cuanza Sul and Cuando Cubango provinces, with a combined capacity exceeding 500,000 tons per year. These facilities will directly support the local cassava and eucalyptus raw material regions.

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On September 11th in Ninh Binh, Khang An Agriculture and Trade LLC (a member of Xuan Thien Group) and the Institute of Soil and Fertilizer Research, Vietnam Academy of Agricultural Sciences, signed a project to produce fertilizers and manage crop nutrition for cassava and eucalyptus plantations in Angola (Africa) – Phase I (2025-2035).

The project aims to develop a 500,000-hectare cassava raw material area for starch processing and the food industry, along with 1 million hectares of eucalyptus forests for green pig iron and paper pulp production. This initiative aligns with circular economy principles, emission reduction, and climate change adaptation.

From 2025 to 2030, Xuan Thien will invest in two organic fertilizer plants in Cuanza Sul and Cuando Cubango provinces, with a total capacity of over 500,000 tons/year, directly serving the cassava and eucalyptus raw material areas.

Between 2030 and 2035, the group aims to expand into chemical and NPK fertilizers, establishing a self-sufficient fertilizer supply chain for the entire production ecosystem.

Xuan Thien Group also announced the completion of investment procedures for the Xuan Thien Agriculture and Forestry Special Zone in Angola, covering a research area of up to 6.8 million hectares, with a total expected investment of 4.5 billion USD.

Mr. Do Viet Tap – CEO of Khang An (in suit) and Dr. Nguyen Quang Hai – Vice Director of the Institute of Soil and Fertilizer Research at the signing ceremony.

Khang An was established on February 12, 2018, as Ninh Binh Goat Milk LLC, with an initial charter capital of 1,000 billion VND, comprising three founding shareholders: Xuan Thien Ninh Binh LLC (a member of Xuan Thien Group) holding 98%, DTH International Investment Consulting JSC, and Nam Anh Tu JSC sharing the remaining 2% equally.

In July 2023, the company was renamed Khang An Agriculture and Trade LLC, shifting its focus to agricultural production and processing. The ownership structure underwent significant changes, with Ms. Thai Kieu Huong holding 99% and Mr. Nguyen Duc Toan 1%.

Xuan Thien Group was founded in 2000 as Xuan Thien Ninh Binh LLC and restructured into a group model in January 2022. The group operates in multiple sectors, including energy, materials, and agriculture. Mr. Nguyen Van Thien (brother of Mr. Nguyen Duc Thuy – Bau Thuy) serves as the Group Chairman.

Notable Xuan Thien projects include Suoi Sap 1 Hydropower Plant, Khao Mang Hydropower Plant, Song Lo 3, 5, and 6 Hydropower Plants in Ha Giang, and Xuan Thien Thuan Bac Solar Power Plant Phase 1 and 2…

After One Year with Xuan Thien, Sen Vang Securities Gets a New Name

Thanh Tu

– 3:16 PM, September 16, 2025

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