September 18, 2012
China's Royal Dairy to invest in beef industrialisation project
Guangxi Royal Dairy announces plans to invest in the establishment of a beef industrialisation project.
The project, with a construction period of five year, will be constructed by a wholly-owned subsidiary of the company.
According to the announcement, the initial investment will primarily be used for the construction of the beef breeding base and bridges infrastructure as well as the purchase of fine beef breed. The phase-I project is expected to be put into operation before the end of 2013.
