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- Release Date: 19/12/12 13:41
- Summary: GENERAL: PGW: Further Agreements to Develop Agriculture in China
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PGW
19/12/2012 11:41
GENERAL
REL: 1141 HRS PGG Wrightson Limited
GENERAL: PGW: Further Agreements to Develop Agriculture in China
PGG Wrightson Enters Further Agreements to Develop Agriculture in China
PGG Wrightson announced today that its AgriTech business, PGG Wrightson
Seeds, had entered into a further two Memorandum of Understanding (MOU) to
develop and showcase agriculture in China. These two agreements, with
Chinese agriculture partners in the Guangdong and Shandong provinces, are in
addition to the recently announced agreement to showcase agriculture in the
Yangling province. Agria Corporation, a cornerstone shareholder in PGG
Wrightson is also a party to both agreements.
The first agreement aims to develop a high-profile agriculture showcase to be
called "The China Guangdong-New Zealand Agricultural Showcase", with the Crop
Research Institute of the Guangdong Academy of Agricultural Sciences and
Guangdong Golden Crops Agricultural Science & Technology Co. Ltd.
The Guangdong province is in the South East of China (just North of Hong
Kong) and enjoys a humid sub-tropical climate. Under the MOU the parties
have agreed to develop and showcase agricultural products and technologies in
Guangdong and co-operate on the training of agricultural specialists,
particularly in the areas of corn, forage and vegetable seeds. The agreement
also envisages increased production of vegetable seed in New Zealand for
export to Guangdong.
The second agreement, with Shandong Province Seeds Group Co. Ltd, is focused
on research, production and promotion of plant species including corn, forage
and vegetable seeds. Shandong is a coastal province in Eastern China, about
half-way between Beijing and Shanghai. It has a temperate climate with
monsoonal summer rains and is one of the largest cereal producing regions in
China.
For additional information contact:
John McKenzie, Group General Manager AgriTech, +64 3 372 0822
End CA:00231363 For:PGW Type:GENERAL Time:2012-12-19 11:41:36
