The Jimo city government has signed a cooperation agreement with the Chia Tai Group on an agricultural project.

    The project is to build a chicken farm and a pig farm with the world’s best breeds, technology, equipment and management methods. The farms will be able to breed about 50 million chickens and 500,000 pigs after construction finishes. Total investment of the chicken farm is 2.1 billion yuan and it will be built in four years. The farm’s output is expected to reach 3.6 billion yuan a year, providing more than 3,000 jobs to local farmers. Total investment in the pig farm is 1.8 billion yuan and its output will reach 2.4 billion yuan annually after the construction is completed in five years. If can also provide more than 2,000 jobs, helping increase farmers’ income by more than 50 million yuan.

    The projects will be developed in a new mode with cooperation between the government, leading companies, rural cooperative organizations and banks, which will set a good example to help the city’s industrial upgrading and agricultural industries development. (Wang Yuanyuan, Qian Zhuo)