The company also plans to grow rapeseed in Canada and Australia, high-quality rice in Cambodia and palm oil in Malaysia.
Other investments by Chongqing Grain Group:
- In 2010, it first invested in 200,000 hectares of soybean production in Brazil.
- Also in 2010, the company set up a 13,000 hectare rapeseed production base in Canada and planned a 200,000 mt/year oil-processing facility.
- In early 2011 the company launched a processing, storage and port investment project in Brazil.
- The first shipment of soybeans from the Brazil project was made in September 2011.