Web Exclusive
Investment injected to reform 'vegetable-fruit' city
By Jia Xu (chinadaily.com.cn)
Updated: 2010-05-19 14:22
 |
Large Medium Small |
About $600 million in joint private investment has been injected into the Dili Stock-holding Company, in an attempt to reform the network center of Shouguang's farm products into China's biggest wholesale logistics center in Shandong province, the Economic Information Daily reported today.
The Shouguang farm products logistics centre was founded in 2009 by Hong Kong's Wangyi Group with 120 million yuan in registered capital.
Luan Yuanwei, executive manager and general manager of Shouguang farm products logistics centre, told reporters that now many international investment-fund companies have privately collected over $600 million in trying to get the company listed in Hong Kong.