Visiting investors: NMI can be modern agriculture hub

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The future of agriculture is driven by advancements and innovations in farming—and the NMI can be a hub for modern agriculture, according to executives of Sichuan Agriculture Development and Investment Co. Ltd.

The delegation arrived on Saipan this week, exploring the island as a potential site for its multimillion-dollar investments and expansion plan. Sichuan Agriculture Development and Investment Co. Ltd. is primarily engaged in agriculture investment, tourism projects, and high-end resort and hotel development projects.

It operates several major projects that include the Nancong Jinxiu Garden (1,200 hectares), Chengdu Sansheng Oicai Fiel (1,200 hectares), Chongzhou PanGu Agriculture (4,000 hectares), and Suining County Melody Fiel (780 hectares).

They are now working on a 1,500-hectare Sichuan Mianyang Xianyou Flower Island Project and Sichuan Suining Chinese Garden Project, two groundbreaking projectsy.

The group also built the leading hydroponics farms in Israel and Holland.

Chief executive officer and chair Jing Dengyang leads Sichuan Agriculture Development and Investment Co. Ltd. executives that include Yu Kaiyuan, president; Dr. Jeannie Yi, head of corporate development; Luo Xiaohui, director; Wen Zhongrong, general manager for tourism hotel development, and Peng Hongquan, director of food and beverage.

“Agriculture is very important. It’s for our health, wellness, and basic living needs. This is especially true for Saipan,” Jing said.

Yi said: “Saipan is an ideal location for high tech farming.”

Sichuan Agriculture Development and Investment Co. Ltd. was invited by Imperial Pacific Holdings International, the Hong Kong-based investment company, to explore the potential in agriculture, other tourism-related projects including resort-hotel development in the onset of the islands’ ongoing economic development.

“Saipan is the most beautiful (of all the places we’ve visited). And two things are most especially vital for tourism growth: a good quality locally-sourced farm/agriculture products and good infrastructure,” Jing noted. “What I can bring is investing toward the promotion of health and wellness of our local residents and the visitors to the islands. As an investor, I would hope that [the CNMI] government would assist us in the process.”

Jing said the assistance extended to his group through various meetings with heads of offices and agencies reflect how the government is “committed toward supporting good investors keen on helping build the economy.”

During the meetings, the investors were provided with information and other form of assistance with their intent toward investing a modern agriculture and tourism-related projects on Saipan.

Their goal, according to Jing, is to help lower the cost of farm produce on island and at the same time promoting healthy living.

“I am very grateful to Imperial Pacific Holdings International because they have been the bridge for us to come here to Saipan. We’ve come with the purpose to build and beautify Saipan even more so—and thank you Best Sunshine for this opportunity,” Jing said.

Jing started as an investor focused on Chinese investment banking over 25 years ago and furthered his career by engaging in hotel business some 15 years ago. It was not until seven years ago when Jing along with his business partner and president of Sichuan Agriculture Development & Investment Yu Kaiyuan started Sichuan Agriculture High Tech Farm. (PR)

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