China: Zhujiang Brewery builds a new plant in Guangdong province

The Chinese Zhujiang Beer Group, will make an investment of 400 million yuan for building a new plant in Guangdong province, AFX reported on September 9.The investment in the first phase of the new plant with capacity of 100,000 tons amounts to 200 million yuan.

Fang Guiquan, the chairman of Zhujiang in which Inbev holds a 24 % stake stated that the new plant has a designed annual production capacity of 200,000 tons of beer. The construction will start in October and is expected to end in June 2006.