Nestle to invest - food tech news in asia

On September 10th, Nestle announced its intention to invest a further 400 million RMB (US$58.5 million) in Shuangcheng Harbin, a northern city of China, to expand its grain cultivation and dairy farming capacities in the country.  

Nestle plans to set up its first Grain Competence Center (GCC) in Shuangcheng, Heilongjiang province. Part of the investment will be focused on promoting the development of local grain cultivation in Heilongjiang Province, especially the development of organic grains cultivation, that will be done through the GCC of Nestle.

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