date:Jul 15, 2014
y-leading dairy standards and practices to farm operations. The Fonterra Abbott joint venture will operate the farm hub in China to these same standards to produce high quality dairy.
Pending regulatory approval, the first farm is expected to be completed and producing milk in the first half of 2017 and the remaining farms will commence production in 2018.
Fonterra and Abbott have a long history in China and have each made substantial commercial and social investments in the country.