. | . |
|
. |
by Staff Writers Sofia (AFP) Nov 17, 2011 China's Tianjin State Farms Agribusiness Group launched on Thursday its first project to grow 2,000 hectares ((4,900 acres) of crops in northwestern Bulgaria, the farming ministry said in a statement. The company invested 10 million euros ($13.5 million) in the project to cultivate maize, alfalfa and sunflower in one of the EU's poorest regions around the northwestern village of Boynitsa, the ministry said. The crops will be exported back to China. Tianjin Agribusiness plans to pour another 20 million euros into Bulgaria's farming sector, the ministry said, adding that it was interested in developing cattle farming here. Company chairman Bai Zhisheng and Chinee Deputy Farming Minister Gao Hongbin expressed hopes that Bulgaria could later turn into their gateway to Europe's markets. The two officials also met Bulgarian Prime Minister Boyko Borisov, who welcomed the investment as an important step to developing Bulgarian-Chienese economic ties, his office said.
Farming Today - Suppliers and Technology
|
. |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement |