Nestlé: to invest in sustainable agricultuare in China
(CercleFinance.com) - Nestlé has announced that it intends to invest RMB 400 million (53 million Swiss francs) in sustainable agriculture in China.
Part of the investment will support the development of local cereal farming in Heilongjiang Province, with an initial focus on organic cereals. This will be done through the new Nestlé Grain Competence Center (GCC), the first facility of its kind in the world, the group said.
Nestlé will also complete the expansion and modernisation of the Nestlé Dairy Farming Institute (DFI).
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Part of the investment will support the development of local cereal farming in Heilongjiang Province, with an initial focus on organic cereals. This will be done through the new Nestlé Grain Competence Center (GCC), the first facility of its kind in the world, the group said.
Nestlé will also complete the expansion and modernisation of the Nestlé Dairy Farming Institute (DFI).
Copyright (c) 2020 CercleFinance.com. All rights reserved.