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Farmer rents inner land lake for aquiculture
( 2003-09-10 13:53) (eastday.com.cn)

Wang Jiangdong, a farmer from Shaoxing, Zhejiang Province, will invest 100 million yuan (US$12 million) to operate an aquaculture business in the Bosteng Lake, the largest freshwater lake in inner China's, today's Eastday.com reported. Located in the center of the Eurasia, Bosteng has a total area of 1,375 square kilometers.

The farmer bought the business rights of the southwest section of the lake in Xinjiang Uygur Autonomous Region for 20 years via public auction, and plans to invest 200 million for the 600,000 mu (40,000 hectares) water area. He has invited aquaculture experts from the country's agricultural ministry to consider the details of his project; and he will soon work out his final plan.

He has great ambitions for the West China area. Wang said he is intending to add more investment in the second stage of his development plan for the lake. According to the plan, he will buy the operation rights of the 1.95 million mu of Bosteng's large lake section from 2005, and earmark 80 million yuan for water product breeding. With nearly 20 years' experience in the aquacultrural industry, Wang is bullish about the Bosteng Lake, saying its high quality of water and environment is good for water product breeding.

 
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