AGCO，你的农业公司(NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, has signed a Letter of Intent (LOI) with the德国联邦经济合作与发展部（BMZ）to implement a joint agricultural project in Africa. The potential project is subject to further talks but the aim is to make measurable contributions to increasing agricultural productivity and skills development, thereby boosting income and employment in African rural households.
The LOI was signed in Berlin on 18 January by Martin Richenhagen, President, Chairman and CEO of AGCO, and Dr. Gerd Müller, Federal Minister for Economic Cooperation and Development.
“We expect that the collaboration between the BMZ, an important institution for international cooperation on agricultural projects, and AGCO, one of the world’s largest producers of farm machinery, to trigger significant synergies,” said Martin Richenhagen. “We both seek to foster mechanization to facilitate sustainable agriculture.”
The mechanization activities of both the BMZ and AGCO are designed to contribute to the联合国2030年议程和可持续发展目标（SDG）to eradicate extreme poverty and end hunger by 2030. The Goals also aim to double the agricultural productivity of small-scale food producers, ensure sustainable food production systems and implement resilient agricultural practices.
“随着2030年议程和SDG作为全球约束力的行动框架，德国发展部与私营部门之间的合作变得越来越重要，”Müller博士评论。“公司在联合措施中的密切参与使私营部门的知识和资源用于发展政策目标。如果我们加入武力，就有一个没有饥饿的世界。“
AGCO’s newly-launched Farm in a Box initiative, which provides a package of essential farm equipment together with the crucial support mechanisms, is the company’s latest innovative solution to promoting farm mechanization in Africa.
The BMZ provides companies with financial and technical support for joint projects. The partnership enables companies to make effective and efficient contribution to the implementation of development objectives within the framework of their business activities. With its special initiative ‘One World – No Hunger’, the BMZ is a strong supporter of agriculture and rural development through its Green Innovation Centers in African and Asian countries.
About AGCO
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agriculture equipment and solutions and supports more productive farming through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® precision technologies and farm optimization services. Founded in 1990, AGCO is headquartered in Duluth, GA, USA. In 2017, AGCO had net sales of $8.3 billion. For more information, visithttp://www.AGCOcorp.com。对于公司新闻，信息和活动，请在Twitter上关注我们：@Agcocorp.。For financial news on Twitter, please follow the hashtag#agcoir.。