AMAGGI and JICA sign a USD $50 million partnership

On September 12, AMAGGI and the Japan International Cooperation Agency (JICA) signed an unprecedented partnership agreement for the development of the sustainable agricultural production chain in Brazil. About USD $50 million will be invested through this partnership with the Japanese government agency for the construction of warehouses and financing of rural producers, and developing logistics and grain origination network in the eastern region of the state of Mato Grosso.

The project is aligned the Japanese government’s goal to strengthen global food security, also contributing to achieving one of the United Nations Sustainable Development Goals (UN), the eradication of hunger.

Brazil has invested, especially since the 1970s, in technology and research to develop sustainable agriculture in its central region, to the point of becoming the second largest producer and grains exporter in the world. Efforts of the Brazilian government to meet world demand for food are supported by both the Japanese public and private sectors.

AMAGGI has expanded its network of grain suppliers in the eastern region of Mato Grosso and plays an active role in global sustainability initiatives, such as the UN Global Compact and the Round Table on Responsible Soy (RTRS), as well as committing to the development of agribusiness with respect to the environment and the communities where it operates.