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Chinese dairy giant Yili has opened a wholly-owned production plant in Canterbury, New Zealand.
中国乳制品巨头伊利在新西兰坎特伯雷建设了一座全资生产工厂。
The launching ceremony of Yili Oceania Production Base is held in New Zealand on November 25, 2014. The Oceania Dairy factory comes with an investment of 185 million US dollars.
Oceania Dairy was a New Zealand company before it was acquired by Yili in April last year.
The plant marks Yili's first major offshore1 investment and is tasked with supplying the Chinese market with milk products that meet New Zealand food safety standards.
Yili, the world's 10th largest dairy producer says the company intends to triple investment in Oceania Dairy in the next five years.
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