Yashili to set up $175m milk processing facility in New Zealand
date:Jan 14, 2013
half of 2014.

As part of the proposed investment, which is subject to approvals from the New Zealand government, Yashili International plans to invest CNY950m ($151.3m) to purchase the land and construct the facility, and a further CNY150m ($23.9m) as working capital for its subsidiary, Yashili New Zealand Dairy.

Yashili International is primarily involved in the production and sale of pediatric milk formula products and nutrition products, other operations include the production of packing ma
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