Business news
Chinese company eager to build dairy farms for 40,000 head of cattle in Belarus
MINSK, 12 June (BelTA) – A Chinese company intends to build a dairy farm complex for 40,000 head of cattle in Belarus, BelTA learned from Belarusian Agriculture and Food Minister Leonid Zayats on 12 June.
The minister said: “The Chinese side intends to develop milk production in Belarus. With this in mind they would like to rent 20,000ha of land for building dairy farms with the total herd of 40,000 head of cattle.” The Chinese company DRex Food Group was mentioned as the company contemplating these plans.
Leonid Zayats noted that the Belarusian side had suggested building the complex in Klimovichi District and Chausy District in the eastern part of Mogilev Oblast.
Top-ranking executives of the Chinese corporations Xinrongji Holding Group and DRex Food Group came to Belarus on a working visit. They are ready to invest $1 billion in modernizing existing enterprises and building new ones in Belarus. If the projects proceed successfully, the volume of investments may be increased.
print version
make home page
add to bookmarks
