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29May2015

Nigeria WARA Agricultural Park

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In 2006, we set up Green Agricultural Development Nigeria CO., Limited. We secured a 99-year franchise of 2025 hectares of land in Wara farms, Kebbi, Nigeria. The farm is located in northwestern Nigeria, right next to the Kanji reservoir, the biggest one in the Niger River in West Africa. In 2008 we signed cooperation agreement with Yuan Long Ping High-Tech Agriculture CO., Ltd. (LPHT) to jointly increase our investment, and restructure the Green Agricultural Development Nigeria into Green Agricultural West African Company Limited. CGCOC Group accounted for 87.5% of the shares; LPHT accounted for 12.5% of shares. Currently, WARA Agricultural Park has become an important link in the Nigerian agricultural production chain. The crop breeds, sophisticatedly cultivated by the farming techniques adapted to the local environment, have occupied a significant share of Nigeria's agricultural markets.


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