New Hope Group to build feed mill in North Sumatra
New Hope Group an animal feed producer from China, will soon build a new feed mill in North Sumatra, Indonesia.
Head of Investment and Promotion Agency (BPMP) of North Sumatra province, Purnama Dewi, informed, “Not long ago we went to China to promote investment opportunities in North Sumatra. Apparently, New Hope Group expressed its interest and wanted to build a feed mill in North Sumatra with an investment of around US$ 100 million.”
“When the feed mill has been established, corn farmers in North Sumatra will certainly feel the positive impact. In addition, the economy in North Sumatra will also be developed,” Dewi added.
