CREEK PROJECT INVESTMENTS has been established to invest in companies undertaking agriculture in China and gold mining-related activities, worldwide, such as evaluation, exploration, development and production.
Creek Project Investments PLC, via its subsidiary Creekprojects Inc. (CP) which was established in 2006, and has entered into a venture in China to exploit the growing demand for products derived from geese, including Foie Gras.
The agricultural project for the geese is in China and specifically is in
JiangXi Province Nanchang, Kaifa Qu, China. To date, 20 million Rmb (GBP2
million) has been invested into this project on a profit sharing basis with
local farmers. Growth in demand within China has given Directors confidence
that demand will continue to outstrip supply.
Over 200 hectares of land has been set aside, with a projected total rearing of 100million geese/ducks within 5 years. The potential is to create a gross income of 500million rmb (GBP50 million) in sales within 7 years.
CP has also entered into arrangements (MOU) in gold-mining related activities. This includes a significant potential future investment and ongoing MOU`s as sole placement agents with Gold Resource Ltd. Gold investments is seen as a viable add on due to the Chinese desire to be Gold owners.