ADB Loan to Bolster Farm Productivity in 3 Chinese Provinces

The Asian Development Bank is lending USD83 million to introduce high-value crops and better farm technologies in China’s Gansu, Henan, and Shandong provinces. The Spanish Cooperation Fund for Technical Assistance also granted USD350,000 to strengthen the capacity of the agencies that will oversee the project, which is expected to develop 29 contract farming partnerships. (“ADB and Spain Help Improve Farming Technology in 3 PRC Provinces” - Asian Development Bank, Dec. 2, 2008)

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