During the next 3 years, Chinese Corporation JBA Holdings intends to invest USD 100 million in construction of grain port and soybean crushing plant in Zarubino. Chinese Corporation JBA will invest USD 100 million in the construction of a grain terminal in Zarubino port. The company also plans to lease 100 Th ha of agricultural land in Primorye for growing wheat, corn and soybean, UkrAgroConsult’s analysts note.
According to the project, the first stage of grain terminal with a capacity of 3 MMT should be built before 2020. The second stage will be completed before 2023, and the handling capacity are planned to be increased to 10 MMT per year. JBA Holdings is a joint venture of several agricultural and food companies from China, including Heilongjiang Agriculture Co and Joyvio Group.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" by UkrAgroConsult.
Share in social media:
More market news:
If you have any questions, please contact us:
Leave us a message, and our manager
will contact you as soon as possible.