China State Farms Agribusiness(G) Corp. Tanzania Ltd

China State Farms Agribusiness (G) Corp. Tanzania Ltd. (Hereinafter referred to as CSFACOT) is one of the offshore companies managed by China National Agricultural Development Group Corp (Hereinafter referred to as CNADC) which is the largest central enterprise under the direct governance of the State-owned Assets Supervision and Administration Commission of the State Council. CSFACOT starts to establish in ***2, and has RUDEWA ESTATES and KISANGATA ESTATE sisal plantations , covering a land size of 6, **0 hectares (equal to **3, **0 Mu). Since the year ***0, CSFACOT has engaged in reclaiming land and growing sisals. The 1st phase of sisal planting is nearly *0, **0 Mu. Right now, the plantations of CSFACOT is in the period of high production; meanwhile, CSFACOT sets up a supplementary processing factory to match up with the annual production of 5, **0 tons of sisal fibers. During the peak of production, the total amount of sisal fibers will reach the expected production. CSFACOT always adheres to the business concept of " to compete by means of high grade quality, to develop on the basis of striving, and to win by sincerity and honesty." And CSFACOT stresses the importance of product quality and good service. The sisal fibers produced by CSFACOT are very popular and in widespread use in European countries, America, Africa and Asia because our sisal fibers are highly tensile, tough and wearable, free of static electricity, no brittle failure and unlikely to go rotten and so on. CNADC will continue to increase the investment in the sisal project of CSFACOT. It is predicted that CSFACOT will develop into a leading sisal enterprise in Tanzania within a few years because of its up-to-date technology, best product quality, dynamic development and large-scale plantation . At present, the high grade sisal fibers produced by CSFACOT has entered the Chinese market and enjoys great praise and favorable comments from the domestic sisal enterprises that manufactur