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Chinese state-owned company wants to expand in African horticulture

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 economy.

“We are confident that we can harness the new growth opportunities presented by many countries’ plans to build modern agricultural projects, as well as regional transportation and service hubs, upgrade their urbanisation and modernise their economies for scale and sustainable growth,” Guo said.

Read the complete article here.

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