China whisky contract
Scots tycoon Valentine oversees Mongolia distillery
Dave Valentine at the convention
A Scottish entrepreneur’s company is to manage the building of a whisky distillery in Mongolia.
Dave Valentine, owner of Forfar-based Valentine International, concluded the deal at the 15th World Chinese Entrepreneurs’ Convention in London attended by around 3,000 Chinese business representatives from 60 countries.
The first phase of the distillery will be built next year in Ordos, a city of more than 2 million citizens.
The distillery in Inner Mongolia is the brainchild of MengTai’s chairman Ao FengTing whose ambition is to create China’s best whisky.
MengTai will provide all of the buildings and ancillary accommodation required to establish the distillery in Ordos costing several million pounds.
However, the production equipment will be manufactured in Scotland and shipped to Inner Mongolia for assembly by Scottish engineers. The initial phase of distillery production equipment will create a circa £2.5m export order for Scotland.
The project will deliver a multi million-pound export bonus for at least two Scottish companies still to be contracted for the design & build of the distillery production equipment and for the supply of bulk whiskies.
As the project progresses there will be opportunities for skilled industry experts required to oversee the operation during the initial phases of the development.
After signing the agreement in London, MengTai chairman Ao FengTing said: “My ambition is not just to produce China’s best quality whisky but one that is globally recognised in terms of world rankings.