Argentina

China builds three large swine farm units in Argentina

Pork

Those will work only for exports and a company involved in the project announced that is ready to start the construction.

Posted on Nov 18 ,09:24

China builds three large swine farm units in Argentina

Argentina will host three large pig farming and processing units built by Chinese investors. The initial investment in the units is about $130 million and all three will be located in the Province of Chaco, in strategic areas: one in the northeast, another in the center and the third in the southwest.
The bilateral agreement was signed between Argentina and the Chinese-Argentine company Feng Tian Food (FTF). The structures will use local producers as strategic partners. Each of the complexes will demand 32.3 thousand tons of soy and 87.4 thousand tons of corn per year to feed the pigs, supplied by local production. The company Feng Tian Food already has commercial partnerships between the two countries and will immediately start to develop direct contacts with Chinese investors. According to local authorities, the economic impact of the construction will be huge. Each complex will consist of five farms, an export refrigerator; a biodiesel plant; a biodigester with energy generation; and a balanced food plant, informs Brazilian magazine Agrolink.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

International

JBS intends to create a global plant-based protein subsidiary

JBS looks to create a company specialized in plant-based protein production in order to preserve ...


Read more Read more
USA

Weak dollar to support US animal protein exports

The value of the U.S. dollar weakened substantially since March 2020 and is expected to experienc...


Read more Read more
International

Poultry meat is safe, concluded IPC

In the wake of news that seven workers on a poultry farm in Russia are the first humans to be inf...


Read more Read more
Websolutions by Angular Software and SpiderClass