US EditionLarge Corn, Soybean Farms to Be Developed in Angola
6 Articles
6 Articles
Large corn, soybean farms to be developed in Angola
A unit of Chinese state-owned conglomerate Citic Ltd. will develop large-scale soybean and corn farms in Angola, as the world’s second-largest economy seeks to secure long-term supply amid a trade war with the U.S., reports ADM Investor Services.
China’s Citic to Develop Large Soybean, Corn Farms in Angola
A unit Chinese state-owned conglomerate Citic Ltd. will develop large-scale soybean and corn farms in Angola, as the world’s second-largest economy seeks to secure long-term supply amid a trade war with the US.
In the framework of the 10th edition of the Brazilian Congress of Soja and the meeting of Mercosoja, in Campinas (São Paulo State), tribute was paid to four key figures in the improvement of this crop, which allowed its adaptation and rapid growth to the geography of the countries of this region, which became the largest producer in the world, displacing China (from where this crop originates) and the United States. A panel of this event organiz…
Angola: Chinese group to invest $250M to produce corn, soybeans
The Chinese company CITIC Construction (Angola) revealed on Monday that it plans to invest, in a first phase, US$250 million (€212.2 million) in large-scale agricultural projects, with a focus on corn and soybeans. A memorandum of understanding was signed today in Luanda by the director-general of the Chinese multinational, Fan Juntao, and Angola’s minister of agriculture and forestry, Isaac dos Anjos. The Angolan Ministry of Agriculture and For…
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