Nestlé to build dairy farm in Inner Mongolia

Nestlé to build dairy farm in Inner Mongolia
Switzerland-based F&B conglomerate Nestlé signed a deal with a local county government in northern China's Inner Mongolia autonomous region to construct a new dairy farm. The Old Barag Banner government confirmed that it signed a MoU with Nestlé for a 2,000-cow dairy farm to be built in the county near the Hulunbuir grasslands, where Nestlé put up a dairy plant in Ergun Banner in 2007.The new Nestlé dairy farm is scheduled to start construction by the end of 2013.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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