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Zhengbang to invest in integrated project in Siping

Published on 18 December, 2013, Last updated at 17:05 GMT
Zhengbang to invest in integrated project in Siping

On December 8th, memorandum was signed between Zhengbang Group and the people's government of Siping City of Jilin Province. Zhengbang Group will make an investment in building up integrated project in Siping City, with regard to grain purchase and storage, feed processing, meat products processing and a million pigs breeding, which is another significant achievement of Zhengbang's Project aiming for an output value of 100 billion yuan.

Zhang Kaiming, deputy mayor of Siping, led eight leaders respectively from Animal Husbandry Bureau, Agriculture Bureau, Development and Reform Commission, Agricultural Bank and Investment Promotion Bureau on a reconnaissance tour of Zhengbang Group. They have reached a consensus and memorandum of agreement was signed at Group headquarter between the visiting group and Ma Xinmin, vice president of Zhengbang Agriculture and Animal Husbandry Industrial Group.

It is understood that Zhengbang Group will make an investment of 3 billion yuan in Siping on projects of building up park of agriculture industrial planting and breeding, park of agriculture industrial eco- breeding, science and technology park of agriculture industrial processing. This collaborative project will strongly drive development of agriculture industrialization in Northeastern area, improve and expand industrial chain of Zhengbang. Moreover, it will promote industrial scale of Zhengbang to become bigger and stronger and enhance its overall competitiveness in agriculture industrialization, thus speeding up realization of Zhengbang's goal for an output value of 100 billion yuan.


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