Archive for the ‘Agreements and Contracts concluded’ Category

Origin entered into collaboration agreement with INOVA, Brazil

Thursday, September 19th, 2019

BVI-registered Origin Agritech Ltd. entered into a collaboration agreement with Inova Genética Ltda (INOVA), a member of the Wehrmann Group, which is an active participant of the seed industry and a leading vegetable production company in Brazil. The agreement between the agriculture technology company and INOVA provides for co-operation in field testing of hybrids of both companies in each other’s geographic regions.

INOVA will also co-operate with the BVI company to evaluate corn seed biotechnology traits for application in South American markets. Origin and INOVA will explore commercial opportunities between the companies in corn seed breeding, production and distribution in South America. INOVA is focused on the plant breeding business and is headquartered in Cristalina-GO, Brazil.

Origin Agritech signed agreement with Biotechnology Research Institute

Friday, August 30th, 2019

Origin Agritech Ltd. has entered into a collaboration agreement with Biotechnology Research Institute (BRI) of Chinese Academy of Agricultural Sciences (CAAS), which will speed up the commercialization of genetically modified insect resistance and glyphosate tolerance corn traits in China.

During long time, the BVI corporation has been cooperating with CAAS to develop various GM traits, and the new agreement enhances the cooperation with BRI, mainly focusing on related research for commercialization of the double stacked corn trait of insect resistance and glyphosate tolerance.

Origin and BRI will join together to apply for government sponsored funds and share research facilities and capabilities. Both companies will also work together to promote the commercialization of the stacked corn trait, which Origin has been developing based on the fundamental research from CAAS.

Chinese Academy of Agricultural Sciences is a national, integrative agricultural scientific research organization in China carrying out both basic and applied research, and research into new agriculture technologies. BRI of CAAS is the only public, non-profit institution focusing on the basic and applied research of agro-biotechnology in China.

Harneys became official legal firm for BVI RDA

Monday, July 15th, 2019

BVI offshore law firm Harneys received a contract as the official provider of legal services to the BVI Recovery and Development Agency (RDA). The official signing was held on 5 July. Legal duties of the company will include domestic BVI advice, including real estate and infrastructure projects, and corporate and commercial and dispute resolution advice. Harney was chosen by the Agency following the formal public tender process.

Company’s partner said in his comments: “We are delighted to have been chosen for this notable role as the RDA’s official law firm. It is an opportunity to contribute in a meaningful way to the achievement of Government’s strategic vision for a stronger, smarter, greener, and better BVI. Harneys have always been regarded as an institution synonymous with the BVI, providing the highest quality counsel, and innovative, practical legal thinking.”

BVI company received US$300,000 contract for installation of sea markers

Sunday, July 7th, 2019

The BVI-registered company Sand Dollar Marine Consultants received the US$327,310.76 contract with the Recovery and Development Agency and local government, for the installation of sea markers throughout the British Virgin Islands. According to the contract, the company has to install 26 sea markers in different locations, within the six month period.
The markers are planned to enter the British Virgin Islands within the next few weeks and construction of a concrete base to secure a sea marker on Mosquito Rock is to begin in a short time.

The project is led by the Ministry of Natural Resources, Labour and Immigration in collaboration with the BVI Ports Authority and the Virgin Islands Shipping Registry. Recently, government has been taking steps to develop blue economy in the country by conducting a marine survey during two weeks time.