Jari Project
In 1967, Ludwig purchased about 4 million acres (16,000 km²) of land near the mouth of the Amazon River. His agricultural ventures on that land, called the Jari project, ultimately proved much less successful than his earlier shipping ventures. Large losses and mounting criticism of his business practices led him to hand over the project to Brazilian investors in 1981.
Read more about this topic: Daniel K. Ludwig
Famous quotes containing the word project:
“If we should swap a good library for a second-rate stump speech and not ask for boot, it would be thoroughly in tune with our hearts. For deep within each of us lies politics. It is our football, baseball, and tennis rolled into one. We enjoy it; we will hitch up and drive for miles in order to hear and applaud the vitriolic phrases of a candidate we have already reckoned we’ll vote against.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)