Subscribe free to our newsletters via your
. Space Industry and Business 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
New catalyst could improve production of glass alternatives

China to expand rare earths reserves: report

Elusive metal discovered

Northwestern scientists create chemical brain

FARM NEWS
Lockheed Martin Wins Role on Defense Information Systems Agency Program

Raytheon unveils cross domain strategy to securely access information via mobile devices

NATO Special Forces Taps Mutualink for Global Cross Coalition Communications

Northrop Grumman Demonstrates Integrated Receiver Circuit Under DARPA Program

FARM NEWS
ASTRA 2F touches down in French Guiana for Arianespace's next Ariane 5 dual-passenger mission

Satellite preparations move into full swing for the next Arianespace Soyuz mission from French Guiana

Russian Booster Rocket Lifts US Satellite in Seaborne Launch

India's GSAT-10 satellite continues its checkout for the upcoming Arianespace Ariane 5 mission

FARM NEWS
Fourth Galileo satellite reaches French Guiana launch site

A GPS in Your DNA

Next Galileo satellite reaches French Guiana launch site

Raytheon completes GPS OCX iteration 1.4 Critical Design Review

FARM NEWS
India's first Embarer AWAC headed home

ReAgent Supports Space Balloon Project

Enstrom completes Thai helicopter delivery

Peru on track to build new Cusco airport

FARM NEWS
A new route to dissipationless electronics

Electronic Read-out of Quantum B

IBM buys flash memory firm

NIST's speedy ions could add zip to quantum computers

FARM NEWS
Landsat Data Continuity Mission Environmental Testing is Underway

Expert Analysis of Energy Infrastructure Using HiRes Satellite Imagery

Vecmap tracks the Asian bush mosquito

NASA Selects Combined Data Services Contract For Polar Satellites

FARM NEWS
Earthworms soak up heavy metal

Italians protest against pollution from steelworks

Vietnam, US begin historic Agent Orange cleanup

Worldwide increase of air pollution




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