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New Zealand investor to invest more billion rubles in Primorye dairy plant - EastRussia | Far East

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An investor from New Zealand will invest more 1,5 billion rubles in a dairy plant in Primorye

A New Zealand investor plans to build a warehouse for storing feed in Primorye, and in the future - to launch a modern milk processing plant, which will manufacture products under its own brand “Primorye Milk”. The project will invest more 1,5 billion rubles.

Now an investor is building an agro-industrial complex in the Mikhailovsky TOR. A dairy farm with four thousand heads is already working there. In the future, the resident plans to increase the livestock to 20 thousand.

According to the press service of the regional administration, New Zealand plans to expand cooperation with Primorye in the field of agriculture. According to Ian Hill, Ambassador Extraordinary and Plenipotentiary of New Zealand to Russia, 97% of dairy products produced in New Zealand are exported to other countries, including the Asia-Pacific Region. Primorsky Krai is interesting to investors largely due to its geographical position.