Chinese win bid for Ord River land in WA
Market watch top headlines
November 20 2012, 1:11PM
Zhongfu's wholly-owned Australian subsidiary, Kimberley Agricultural Investment, will develop at least 13,400ha of the land, spending $700 million over six years.
Another 1700ha will be available for other crop producers to develop 25 new locally-run farms that will be agriculturally diverse.