China

Chinese company wants to install a mega refrigerator in Brazil

Shenzhen Agriculture Power, a Chinese mega-company that operates primarily in wholesale markets, is analyzing the possibility of building a mega-processing plant in the Brazilian state of Mato Grosso, the state with the largest livestock population, to export beef to the Asian giant.

Posted on Nov 28 ,00:05

The Chinese state company that manages the complex stated that it will analyze the possibility of installing one of the largest meat processing plants in the state of Mato Grosso, a state that holds the title of having the largest livestock herd in Brazil with 34.4 million head. This state alone is responsible for feeding approximately 20 million people annually, both in Brazil and abroad. In 2022, beef export revenues reached US$3 billion, consolidating Mato Grosso's position as the country's main exporter of red protein.

The Chinese giant, a leader in the distribution of food, including vegetables, fruits and meat, supplies more than 200 million Chinese and exports to Southwest Asia. With a turnover of about US$30 billion last year and more than 20 thousand employees, the company represents a potential significant injection into the economy of Mato Grosso. "We are going to Mato Grosso to analyze the possibility of installing a refrigeration plant in the state to export to China", said the company representative, Lei Yu.

Shenzhen Agriculture Power is the country's largest company in the distribution of food, such as vegetables, fruits and meats. "The food that feeds more than 200 million Chinese passes through here. In addition, we also export to Southwest Asia", he reinforced. In revenue alone, the company totaled $30 billion last year and employs more than 20,000 people.

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