Israeli Agriculture Project was selected as one of the Top projects financed by Bilateral Credits by China Ministry of Finance
The Water-saving Agriculture Project of Ningxia Hui Autonomous Region, carried out by Ekpac SL Ltd of Israel as Project Integrator, was selected by the Chinese Ministry of Finance as one of the best projects under the Bilateral Credits.
由以色列的Ekpac SL Ltd公司作为打包商实施的宁夏回族自治区农业节水项目被中国财政部选为双边信贷最优项目之一。
The project, financed under the China Israeli Financial protocol with the amount of 60 million USD, was successfully completed in 2019.
Advanced Israeli irrigation technology and know-how was adopted in the construction of this project, which included the installations of highly efficient water-saving irrigation systems, pumping stations, water pipelines, and state of the art fertilization and control systems covering an area of 138,000 mu.
Ekpac SL Ltd played an important role of leading this project from initial design, planning, construction, implementation, application trainings of people, after sales support, and monitoring.
Ekpac SL Ltd’s technical and financial expertise, with over 100 years of history in China, were instrumental to the success of this project.
This project not only greatly improves the quality and quantity of the grapes from the farmland, but also reduces water consumption by 310 cubic meter per mu, improving water efficiency by 40% to 60%; fertilizer costs dropped by 180 RMB/mu and fertilizer efficiency increased by 30% to 50%; and, labour costs were reduced by 40%. The standard quality of the grape improved significantly for the production of high premium wine. All of these result in an increase in the average revenue of each Mu by 700 RMB.
This project was selected by the Chinese Ministry of Finance as one of the most prominent projects under the Bilateral Credits with many different countries. Its successes have aroused the interest of many provinces and people from Xinjiang, Shaanxi, Gansu, Fujian, Sichuan, and Guizhou have visited this project for technical exchanges.
Public media like CCTV and Ningxia TV have repeatedly and extensively reported the achievements and successes of this project in numerous occasions in China and overseas.
Chinese President, Mr. Xi Jinping visited this project during a trip to Ningxia in June 2020, and was impressed with the immense success of this project.
China Israeli Financial protocol began in 1995. Since then, more than 3.4 billion USD have been extended to China covering more than 100 projects in different sectors. Amongst all these projects, the Water-saving Agriculture Project of Ningxia Autonomous Region was selected as the TOP project under the China Israeli Financial Protocol.
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