Subscribe free to our newsletters via your
. Military Space 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
US looks at new early-warning radar for Japan: officials

Lockheed Martin Receives Contract To Produce THAAD Weapon System Equipment For The US Army

Israel wraps up national SMS missile alert test

Komorowski says Poland should have own missile shield

FARM NEWS
S-400s to protect APEC summit

Raytheon, US Navy begin JSOW C-1 integrated testing

US Army certifies soldiers ready to defend battlespace with JLENS

Israel deploys anti-rocket battery near Egypt border: army

FARM NEWS
Next generation of military aircraft will be unmanned

US drone attacks kill at least 15 militants in Pakistan

Pakistan summons US diplomat to protest over drones

US drones kill three militants in NW Pakistan: officials

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
Lockheed Martin Wins Contract for JLTV Engineering and Manufacturing Development Phase

Britain, others tap CAE for simulators

Obama says use of Syrian chemical weapons 'red line'

Lockheed Martin Receives US Marine Corps Contract For Personnel Carrier Vehicle Study and Demonstration

FARM NEWS
Russia asks US to extradite arms smuggler Bout

Brazil's defense industry booms

Australia ups Middle East arms sales

Germany allows domestic military ops, ending taboo

FARM NEWS
China, US to begin new arms race

Germany's Merkel to visit China: Beijing

Taiwan won't work with China in Japan row: Ma

Australia urges China to respect its rights on US troops

FARM NEWS
Patterning defect-free nanocrystal films with nanometer resolution

New Phenomenon in Nanodisk Magnetic Vortices

Oh, my stars and hexagons! DNA code shapes gold nanoparticles

UCF nanoparticle discovery opens door for pharmaceuticals




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