Costa Group has been announced as a finalist in the prestigious 25th Annual AustCham Westpac Australia-China Business Awards.
Nominated for the Business Excellence Award for Agriculture, Food & Beverage, Costa has been recognised for its operations in China with its focus on the development of large scale berry fruit (blueberries, raspberries, blackberries) farms in Honghe and Xishuangbanna Yunnan Province.
Costa’s investment to date represents one of the largest by a foreign owned company in Chinese Agriculture in recent years with land secured for further expansion as demand in the market grows.
Costa was nominated for the award due to the success of its agricultural developments in China based on a number of key factors including:
- The introduction of world leading high tech growing and management systems
- Recognition of key national agricultural policies focusing on sustainable production and improvement in the economic and social well-being of the local population
- A strong and harmonious working relationship with local authorities
- Implementation of safe and healthy work practices
Paul Lai, Westpac’s Regional Head and Head of Corporate & Institutional Banking Greater China said “Given its size and incredible pace of transformation, it’s fantastic to see these Australian businesses that have worked hard to get their China strategy right, reaping the rewards and propelling their business forward.”
The presentation of the 25th Annual AustCham Westpac Australia-China Business Awards is to be made at a Gala Dinner in Shanghai on Thursday 17th May.