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Chinese agribusiness company in DR Congo to offer thousands of jobs for locals

Source:  Copyright 2009, Xinhua
Date:  July 10, 2009
Original URL: Status ONLINE


China's ZTE Agribusiness Company Ltd is aiming at a 1 million hectare palm tree plantation in the Democratic Republic of Congo (DR Congo) for biofuel production, and the project can offer thousands of jobs for the local people, the company's regional manager Zhang Peng told Xinhua in an interview on Friday.

"We will plant palm trees here and convert palm oil into biodiesel. The one-million-hecatre palm plantation will eventually provide thousands of jobs for the local Congolese people," Zhang said.

ZTE, an IT company from China, is expanding to the biodiesel sector to diversify its operations. The regional manager said that weather conditions in the DR Congo is very suitable for growing palm trees, which are cultivated for palm oil.

"Indonesia and Malaysia are traditionally major producers of palm oil, but after research we found that weather conditions herein the DR Congo is also very suitable for growing palm trees," he said.

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