Kingland Technology Invests USD180 Million to Build Eco-Agricultural Park in Ningxia
Yicai Global
DATE:  Jun 14 2017
/ SOURCE:  Yicai
Kingland Technology Invests USD180 Million to Build Eco-Agricultural Park in Ningxia Kingland Technology Invests USD180 Million to Build Eco-Agricultural Park in Ningxia

(Yicai Global) June 14 -- Chinese environmental protection technology firm Kingland Technology Co. [SHE:000711] (京蓝科技股份有限公司) will form a strategic partnership with Helan county in northwest China's Ningxia Hui Autonomous Region to help it build an agricultural ecological park.

Total project investment is expected to reach CNY1.2 billion (USD180 million).

Kingland Ecological Technology Co. -- a wholly-owned subsidiary of Kingland Technology -- and another two firms have signed a strategic cooperation agreement with the government of Helan county in Ningxia to participate in the investment, construction and management of a modern ecological irrigation area there, as well as related services, Kingland, which is headquartered in the northeastern province of Heilongjiang, said June 12.The project will focus on modernizing and upgrading irrigation areas across the county, promoting efficient and water-saving irrigation and linking lakes and rivers within the county, the announcement said.

Water resources are limited in Helan county, as in all of Ningxia. The announcement gave no details of the parties' respective functions per the strategic cooperation agreement in the project. Kingland Ecological Technology is a builder and operator of ecological environment that achieves smart ecological management by leveraging technologies such as the internet of things, cloud computing and intelligent perception, per public information.

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Keywords:   Kingland,PPP,Agricultural Infrastructure,Smart Agriculture,Water Saving Irrigation