Article: SANYUAN TO BUILD RAW MILK INDUSTRY PARK IN BEJING


AsiaInfo Services
06-18-2009
Sanyuan to Build Raw Milk Industry Park in Bejing

BEIJING, Jun 18, 2009 (SinoCast Daily Business Beat via COMTEX) -- Beijing Sanyuan Foods Co., Ltd. (SHSE: 600429) is in a position to spend CNY 680 million setting up an industry park in Daxing District, Beijing, with a daily raw milk processing capacity of 12 million tons.

To be specific, about CNY 410 million will be invested in construction of the production lines, and CNY 130 million for civil engineering cost, CNY 120 million for land usage right, and CNY 20 million for other expenses.

It will take the company two and a half years to complete the park and construction of the park will be carried out in two ...

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