Chinese company interested in agri-forestry project

Georgetown, GINA, June 18, 2013

A delegation from China Chengtong (CCT) Holdings Group Ltd, led by Vice President Li Yousheng met President Donald Ramotar on Monday for talks regarding its interest in the establishment of an agri-forest project in Guyana.

President Donald Ramotar with a delegation from China Chengtong Holdings Group Limited. Chinese Ambassador to Guyana Zhang Limin accompanied the group ( at extreme right)

The company is a producer of forestry-pulp papers, and also pursues investments in wholesale market, tourism, and cultural and packaging industries. There are more than 100 subsidiary companies all over China with a branch in South East Asia and plans for expansion into Africa.

Its Vice President told the Government Information Agency (GINA) that the historic bilateral meeting between President Donald Ramotar and China’s Premier in Trinidad and Tobago earlier this month had encouraged the prospect of strengthened cooperation between the two countries in agriculture and forestry

President Donald Ramotar in talks with a team from China Chengtong Holdings Group Limited

“The project (proposed) is just the plantation for the trees and an integrated base for agriculture projects… that (will be) very good for the… local people here,” Vice President Li said in an invited comment.

He gave the assurance that sustainable practices are at the heart of company’s method of building the forestry industry.