Agri-Corp of Nicaragua to start producing rice in Nicaragua

Corporación Agrícola S.A., the biggest importer and processor of rice in Nicaragua, says it will start producing rice in this country.

Friday, July 11, 2008

Taking advantage of high food prices in international markets, Agri-Corp will start with 1,000 manzanas under cultivation.
A manzana is equivalent to 1.73 acres of land. or about two-thirds of a hectare.
The company bought 4,000 manzanas of land in the Malacatoya zone, and will bring 1,000 manzanas into new production each year.
It also plans to set up an electrical generator, using biomass from rice as fuel.
Agricorp's manager of communications and organizational development, Carlos Salinas, says the purpose is to contribute to import substitution of food.

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