TOKYO, Dec. 14 ― JA ZEN-NOH Grain Corp., a marketing subsidiary of Japan’s largest farmers’ cooperative, said its Canadian unit has agreed to set up a joint venture with Canada’s Parrish & Heimbecker to build a new export terminal at the port of Vancouver.
The terminal will provide 4 million metric tons of annual handling capacity, said Japan’s National Federation of Agricultural Cooperative Associations (JA ZEN-NOH) on Dec. 12.
The move comes as Canadian grain exports to China continues to grow and the JA ZEN-NOH, the marketing arm of JA group, needed to secure a stable supply of grains for animal feeds to Japan.
Construction on the new terminal has begun and is expected to be completed in December 2020, the JA ZEN-NOH said.
“We make an investment in building the Canadian grain supply chain,” said a JA ZEN-NOH official. “We will have the supply chain when it connects our existing inland facilities to the new port terminal.”