Paraguay: Alliance between GPSA and the State will expand rice planting area in Chaco

Published 2024년 9월 24일

Tridge summary

Agropecuaria GPSA has entered into a 20-year agreement with the Paraguayan State to lease Estancia Pedernal, a 25,000-hectare property, for rice production. The company will also expand its Estancia 7 Puntas site by 3,000 hectares, of which 7,000 hectares will be dedicated to rice cultivation. This makes GPSA one of the largest rice production companies globally. The agreement marks a significant collaboration between the private and public sectors in Paraguay's agricultural sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Estancia Pedernal, owned by the MDN, adjacent to Estancia 7 Puntas (located in Presidente Hayes), of Agropecuaria GPSA, has 25,000 hectares, of which 15,000 will be used for rice production. Meanwhile, Estancia 7 Puntas has 7,000 hectares of rice crops, of the 10,000 hectares contemplated in the final project. «With both developments, Agropecuaria GPSA will position itself as one of the largest rice production units worldwide,» the firm highlights. The signed agreement, which has a duration of 20 years, marks a milestone in the collaboration between the private sector and the State in the agricultural field. "A few days ago we signed an important contract with the Paraguayan State for the use of Estancia Pedernal for the development and production of rice, which will result in an increase in food production for the ...
Source: Productivacm

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