The diary complex will be located in the Ryazan RegionAlexei Danichev / RIA Novosti
A consortium comprising of Thai conglomerate Charoen Pokphand Group (C.P. Group), China’s Banner Infant Dairy Products (Banner Dairy) and the Russian Direct Investment Fund (RDIF) will invest about $1 billion for the establishment of a dairy complex in Russia, RFID said on May 18.
The complex, which will be Russia's largest integrated dairy complex, will be located in the Ryazan Region.
A memorandum to establish the complex was signed on May 18 in St. Petersburg in the presence of Russian Prime Minister Dmitry Medvedev and his Thai counterpart Prayuth Chan-ocha.
All rights reserved by Rossiyskaya Gazeta.
to our newsletter!
Get the week's best stories straight to your inbox