Chinese state-owned company wants to expand in African horticulture

Published 2021년 9월 6일

Tridge summary

China Railway 20th Bureau Group Corp (CR20G), a subsidiary of China Railway Construction Corp Ltd, plans to become an agricultural industry chain builder in markets involved in the Belt and Road Initiative (BRI) from 2021-25. In addition to building infrastructure, the company will introduce Chinese agricultural technologies and machinery to improve grain security in Africa. It also aims to develop an industry chain that includes livestock breeding, greenhouse vegetable production, and beef processing to enrich the local economy.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Chinese infrastructure project provider China Railway 20th Bureau Group Corp, or CR20G, says they'll become an agricultural industry chain builder in markets involved in the Belt and Road Initiative (BRI) during China’s 14th Five-Year Plan period (2021-25). In addition to building railroads, schools and water-conservancy projects, CR20G, a subsidiary of state-owned China Railway Construction Corp Ltd, says they helped farmers in its markets in Mozambique and other African nations achieve stable and high yields by introducing China’s practical agricultural technologies, conducting related services and applying modern machinery to assist them in ensuring grain security. Enabling rice planting, production and processing aside, the executive said the Chinese firm will deploy more resources to develop an entire industry chain that integrates livestock breeding, greenhouse vegetables, liquor brewing, beef processing and other related services to further enrich the local ...
Source: Hortidaily

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