China invests in Belarusian dairy sector

The Chinese state is investing a total of 1,2 billion dollars, converted 1,08 billion euros, into the agricultural sector of Belarus. The first capital injection is made in dairy production. These products are then shipped to China.

Belarus' agriculture minister announced today, May 17, that China will invest $1,2 billion in the country's food processing sector.

Confidence Base Countries
According to the Belarusian state news agency, one of the largest Chinese companies has the intention to invest 1 billion euros in the economy. The agriculture minister says that China is opting for this plan because it no longer wants to import agricultural products from every country. It wants to go to countries where there is a basis of trust.

The first plan on the table is a $200 million investment for a new dairy in Vitebsk Oblast. The processed milk is then exported to China.

Niels van der Boom

Niels van der Boom is a senior market specialist for arable crops at DCA Market Intelligence. He mainly makes analyses and market updates about the potato market. In columns he shares his sharp view on the arable sector and technology.

n.vanderboom@boerenbusiness. Nl

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