COFCO
COFCO, a leading name in the global agricultural industry, has been making significant strides in logistics and infrastructure to enhance its control over food supply chains. While primarily recognized for its contributions to the grain and oilseed sectors, COFCO's strategic investments have a profound impact on the broader agricultural landscape, including dairy.
Location
COFCO operates globally, with significant investments in key logistical hubs. One of its notable projects is at the Port of Santos, a critical point for agricultural exports.
Financial Indicators
COFCO has recently invested over USD 285 million in the Port of Santos. Additionally, the company is channeling USD 206 million into freight wagons and locomotives. These investments aim to reduce logistics costs by 10–15%, highlighting COFCO's commitment to enhancing efficiency in its operations.
Important Events
One of the key strategic moves by COFCO is its substantial investment in the Port of Santos, furthering China's direct control over essential food supply chains. This move demonstrates COFCO's focus on strengthening its logistical capabilities and reducing dependency on third-party services.
Company Plans
COFCO plans to continue investing in logistics and infrastructure to ensure cost-effective and efficient operations across its supply chain. By focusing on reducing logistics costs, COFCO is positioning itself to maintain a competitive edge in the global market.