Subscribe free to our newsletters via your
. Nuclear Energy News .




FARM NEWS
Chinese buyer of Burgundy wine chateau identified
by Staff Writers
Lyon, France (AFP) Aug 24, 2012


A Chinese businessman whose purchase of a top Burgundy estate has triggered an angry backlash in France moved Friday to calm the row by promising extensive investment in his new acquisition.

Louis Ng, a top executive for Macau gambling tycoon Stanley Ho, pledged via a representative in France that he would be investing significant sums in restoring the 12th-century Chateau de Gevrey Chambertin and upgrading the estate's wine production.

Ng, 60, is the chief operating officer for Ho's gambling-based empire. He was born and lives in Hong Kong but also holds Portuguese citizenship.

He acquired the property and two hectares (five acres) of vineyards in one of Burgundy's top appellations, for 8.0 million euros ($10 million) earlier this year.

The sale has been attacked by a group of local winemakers who had failed in their own bid to buy the estate as well as by France's far-right Front National, who believe the state should have intervened to keep the historic building and its vineyards in French hands.

Ng's representative said in a statement that the new owners would be making use of local winemakers to tend the vines and local craftsmen to carry out substantial works on the 900-year-old building.

"The chateau will be renovated by a French architect who is known for his work on sites of national heritage across Burgundy," the statement said.

"The works themselves will be carried out by regional businesses specialised in working on historic buildings enabling the chateau to be re-established as one of the finest buildings in the Cote d'Or wine region."

.


Related Links
Farming Today - Suppliers and Technology






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








FARM NEWS
Local irrigation systems provide better food security: study
Stockholm (AFP) Aug 24, 2012
Farmer-led irrigation schemes provide better food security, protect millions of farmers from climate risks and reduce poverty in sub-Saharan Africa and South Asia, a new study showed Friday. The findings are of particular interest as food prices escalate due to a weak monsoon season in Asia and a brutal drought in the midwestern and central US, where the world's largest corn and soybean crop ... read more


FARM NEWS
Biorefinery makes use of every bit of a soybean

Warning issued for modified algae

Genetically Engineered Algae For Biofuel Pose Potential Risks That Should Be Studied

Argentina unhappy over EU biofuels curbs

FARM NEWS
Novel technique to synthesize nanocrystals that harvest solar energy

As smart electric grid evolves, Virginia Tech engineers show how to include solar technologies

Australia leads in rooftop solar

First Light Technologies Lights up St. Pete Beach

FARM NEWS
Maximum Protection against Dust; Minimal Effort

US Wind Power Market Riding a Wave That Is Likely to Crest in 2012

Wind farms: A danger to ultra-light aircraft?

Off-shore wind power project considered

FARM NEWS
India's Reliance Power and China Datang ink deal

Romney touts energy independence by 2020

Brazil speeds up to embrace smart meters

British energy price hike stirs anger

FARM NEWS
Oil firms evacuate as storm heads for Gulf of Mexico

'Manageable' oil slick reaches Sri Lanka capital

PetroChina invests in Middle East oil

Push on for efficient hydrogen production

FARM NEWS
First Evidence Discovered of Planet's Destruction by Its Star

Exoplanet hosting stars give further insights on planet formation

Five Potential Habitable Exoplanets Now

RIT Leads Development of Next-generation Infrared Detectors

FARM NEWS
Myanmar names navy chief as new vice president

India's nuclear submarine nears sea trials

Navantia use Paramarine Advance Marine Design Software in the development of naval ships and submarines

India's first nuclear submarine set for trials

FARM NEWS
Chemcam Laser First Analyzes Yield Beautiful Results

NASA's Mars rover makes first test drive

First Words of Safe Landing on Mars - Tango Delta Nominal

NASA Mars Rover Begins Driving at Bradbury Landing




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement