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New Pig Supply Base for Hong Kong

by 5m Editor
17 February 2009, at 9:25am

CHINA - A live pig supply base for Hong Kong is to be set up in Henan province.

North China's Henan province is expected to supply 400,000 live pigs to Hong Kong consumers in 2011, accounting for 25 per cent of the total live pig sales in Hong Kong, according to local government sources.

For the target, the province plans to build the country's biggest base to supply live pigs to Hong Kong. The base will be built by a joint venture between Hong Kong-based NG Fung Hong Limited and a local firm. With an initial investment of CNY 250 million, the base is designed to breed one million pigs in five years.

Henan province supplied 203,000 live pigs worth US$ 40.73 million to Hong Kong in 2,220 batches in 2008. This represents increases of 5.1 per cent, 50.2 per cent and 2.7 per cent for each measure, respectively, compared to one year ago. The province is ranked number one by the volume it supplies.

Furthermore, over the last ten years, no epidemic has occurred in pigs supplied to Hong Kong from Henan province.

NG Fung Hong is part of China Resources (Holdings) Co., Ltd.