Shandong companies lease overseas land for ag-cooperation
- By Wang Yanfang
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E-mail China.org.cn, May 22, 2012
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Two Shandong-based companies signed a land lease with Sudan on May 15 to utilize the local natural conditions for agricultural technological cooperation and a planting and processing project.
Shandong International Economic & Technological Consulting Corporation, a unit of the Shandong Hi-speed Group Co., Ltd., is working with Shandong Lumian Group to lease a total area of 6,667 hectares in Sudan.
Lands with the total area of 66,667 hectares are planned to be leased in Sudan's cities, including Khartoum for the construction of a cotton processing enterprise.
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