Chinese Winemaker to Invest Millions in Sunraysia

30 Sep 25 Sept, 2016

Weilong Grape Wine Company, China’s third largest winemaker will invest millions in Sunraysia. Last week, the company has announced the purchase of 1235 hectares of land across the Sunraysia and Swan Hill regions for $13.4 million, part of a new $120 million Australian subsidiary. The purchases, announced to the Shanghai Stock Exchange, included 886.8 hectares in the Mildura area and 120 hectares in New South Wales, believed to be at Coomealla.

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