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The Fund Application Report of the first phase of the modern agricultural

demonstration zone project approved

  The National Development and Reform Commission (NDRC) approved the Fund Application Report of the first phase of the modern agricultural demonstration zone project funded by the Israeli government loan for Huachang Agricultural Comprehensive Development Co., Ltd. in Guangshan County, Henan Province recently. The project is to build Internet intelligent glass greenhouse demonstration area and ten thousand mu of Camellia oleifera seed cultivation area and tea oil refining production line in Zhuanqiao Town and Hushan village of Guangshan County, Henan Province. The total investment of the project is 204 million yuan, of which 15 million US dollars is borrowed from the Israeli government, which is mainly used to purchase the intelligent glass greenhouse of the Internet of things and the equipment of tea oil fine processing and pressing production line. The project will be demonstrative and play a leading role in consolidating the achievement of poverty alleviation and promoting rural revitalization.

(Department of Foreign Captial and Overseas Investment)