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Re: Jackroch post# 2349

Wednesday, 02/09/2011 8:04:12 PM

Wednesday, February 09, 2011 8:04:12 PM

Post# of 6560
I agree Jack, regarding Brazil, there is also this related article:

http://news.frbiz.com/chongqing_food_group_built-249206.html


Chongqing Food Group built 5.7 billion Brazilian soybean base - soybean, grain Group - Food Industry

Invited by the China International Trade Promotion Council, last week, Chongqing Municipality to attend Food Group's chairman Hu Junlie held in Brazil in the "BRIC" summit, together with Sinopec, speaking on behalf of the Chinese entrepreneurs, Hujun Lie first revealed at the meeting, The total investment of soybean based CMB 5.75 billion yuan.


"BRIC" summit are China, Brazil, Russia, India and trade between the four countries Cooperation With the exchange, since 2006, and gradually carried out in different areas and different levels of dialogue and cooperation, this is the second summit.


Hujun Lie said that in two years time, six food group has formed a delegation to visit Brazil, China and Pakistan co-operation to achieve high-quality soybean bases build involving laws and regulations, investment policy, soil, climate, customs, soybean production operating mode of system information.

Urban Food Group has also hired China International Engineering Consulting Corporation on high-quality soybean base construction project feasibility study to the U.S. consulting firm McKinsey Consulting, the decision to invest 5.75 billion yuan, with Brazil and build a base of 300 million mu of high-quality soybeans.

With an investment 2.203 billion yuan, in the city of Bahia Kelundina "Happy Plateau," Building 162 acres soybean base.

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