NZ permits 2 Chinese dairy firms to invest
By Ding Yining |
April 4, 2013, Thursday
|
Print Edition
Print Edition
TWO Chinese dairy companies have been approved by New Zealand to build infant milk formula plants to meet rising demand for foreign formula brands.
Yesterday New Zealand's Overseas Investment Office said in a statement on its website it has given permission to Inner Mongolia Yili Industrial Group and Yashili New Zealand Dairy Co to buy land to build formula processing plants.
Yili got the nod to acquire land in South Island as a part of its 1.1 billion-yuan investment for the plant that is expected to have an annual capacity of 47,000 tons from 2016 to 2017.
Inner Mongolia Yili Industrial Group said at the end of last year that two wholly-owned units, Yili International Development Co Ltd and Hong Kong Jingang Trade Holding Co Ltd, would acquire New Zealand firm Oceania Dairy Ltd and build a 38-hectare plant.
Yashili New Zealand Dairy will invest NZ$212 million (US$179 million) to construct a plant in North Island.
Yesterday New Zealand's Overseas Investment Office said in a statement on its website it has given permission to Inner Mongolia Yili Industrial Group and Yashili New Zealand Dairy Co to buy land to build formula processing plants.
Yili got the nod to acquire land in South Island as a part of its 1.1 billion-yuan investment for the plant that is expected to have an annual capacity of 47,000 tons from 2016 to 2017.
Inner Mongolia Yili Industrial Group said at the end of last year that two wholly-owned units, Yili International Development Co Ltd and Hong Kong Jingang Trade Holding Co Ltd, would acquire New Zealand firm Oceania Dairy Ltd and build a 38-hectare plant.
Yashili New Zealand Dairy will invest NZ$212 million (US$179 million) to construct a plant in North Island.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
