Soybean flour processing project signed in Guian

An agreement for a soybean flour processing project invested in by Shandong Jutian Agricultural Science & Technology Development Co was inked in the Guian Comprehensive Bonded Zone (FTZ) on June 26 with a planned investment of 100 million yuan ($13.93 million). The project is expected to churn out 30,000 to 60,000 metric tons of puffed soybean powder annually.

At the signing ceremony, a manager at the company delivered a speech, highlighting the FTZ's promising development prospects and appealing policies, and expressed hope that the project will contribute to the high-quality development of the zone.

The FTZ will help the enterprise take full advantage of the policies of customs special supervision areas and provide good services for enterprises in relevant fields.

Over the first half of this year, the FTZ's exports and imports had an estimated value of 7 billion yuan, and the zone signed agreements for 26 projects (including seven foreign-funded ones).