China province eyes $300 mln investment in Ugandan farming

(Photo: Kimberly Vardeman)

China's Sichuan province is in talks to invest $300 million in cotton, rice and fruit production in Uganda, a senior Ugandan official said on Wednesday. (...)

The Ugandan project would need about 15,000 acres of land and private Ugandan land owners could choose to lease land to the Chinese investors or enter equity partnerships, Okasai [commissioner in the Agriculture Ministry] said.

Read this article in full on the Reuter's website.


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