New Hope Group signed strategic cooperation agreement with Hubei government

Recently, New Hope Group revealed that it had reached a strategic cooperation agreement with the government of Hubei Province.

Recently, New Hope Group revealed that it had reached a strategic cooperation agreement with the government of Hubei Province.

According to the agreement, New Hope Group will invest about 20 billion yuan in Hubei in the next three years, creating approximately 4,000 jobs in various walks of life, and stimulating employment for more than 20,000 people through driving the development of the upstream and downstream industries.

For the next three years, New Hope Group plans to land and complete an industrial project of producing 4 million pigs per year in Hubei, as well as to stimulate the development of the related supporting industrial chains, including feeding, breeding, slaughtering, deep processing, and etc.

The goal of the investment is to build a modern cold chain logistics base in Hubei and promote the development of cold chain logistics of agricultural products there.

Meanwhile, New Hope Group will also implement targeted poverty alleviation by developing the pig industry in Hubei, adopting the model of “company + farmer + cooperation + poverty alleviation platform”, and intensifying its efforts in providing trainings for the registered poor households.

In addition, New Hope Group has a series of investment plans in Hubei Province in other areas including ecological and environmental protection, digital economy, cultural tourism, industry-city integration, employment of undergraduates, training of new farmers, and so on.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/12/new-hope-group-signed-strategic-cooperation-agreement-with-hubei-government/.

Leave a Reply

Please Login to Comment