A Brownfield Investment

A brownfield investment:

A) is when a company purchases or leases existing production facilities to launch a new production activity.
B) is a strategy where a commercial site used for commercial space is used to set up a steel mill or oil refinery.
C) generally involves setting up a manufacturing unit in a forested area.
D) leads to the creation of jobs in the country where the investment is made.
E) escapes the problem of outdated equipment,entrenched processes,and cultural differences as faced by greenfield investments.