REINVIGORATING RURAL ECONOMIES

The company is committed to the reinvigoration of rural areas, through the implementation of a portfolio of eco-compatible technologies on an international scale. The opportunity to fulfil this objective was identified by connecting two key elemental trends.

Firstly, the EU continues to propose environmental legislation that requires materials used in the construction, packaging, automotive and electrical goods industries to be renewable, recyclable or biodegradable. This has necessitated the introduction of new materials which do not contain hazardous materials and that are renewable by design.

Secondly, the collapse of the rural economy and the consequent migration of rural populations is a global problem, giving serious concern to governments worldwide, regardless of whether their economy is classed as “developed” or “less-developed”. One way to reverse this trend is reinvigoration through the introduction of new cutting edge technologies, thereby harnessing local resources to feed industries (natural medicines, plant based chemicals or biofuels).

SPDG Tech has invested significantly over several years to identify and acquire new and advanced technologies, which could promote the establishment of agri-based industry in rural areas. The technologies thus acquired have been presented to government in selected countries and have been met with enthusiasm and financial support. SPDG Tech has compiled a target list of countries where the rural economy is a high priority on the national agenda and where the government has declared its intent to invest heavily to reverse the migration of young people and families from the countryside.

SPDG Tech projects all involve new and cutting edge, agri-based, technologies in countries where there is a guaranteed market for product and where the government has committed to become an investor and/or sponsor. This provides the opportunity for the emergence of a new, agricultural-based industry, providing technology transfer, training and employment, thus enabling competition in the world marketplace on a 'level playing field'.