CPF expands its business to Laos
Thai integrator Charoen Pokphand Foods has opened a
feedmill in the Laotian capital of Vientiane.
Dr Sinlavong Khoutphaythoune, mayor of Vientiane City, hosted the opening of
the feedmill, witnessed by the Thai ambassador Wiboon Khusakul and Adirek
Sripratak, president and CEO of CPF.
In addition, the signing
ceremony of leasing land and Dong Ban animal farm was held in the morning
session between Vientiane city and C.P. Laos Company
Charoen Pokphand Foods' CEO
revealed that an investment in Laos is a part of CPF's expansion plan in Asia.
The company plans to run integrated businesses including feedmills and livestock
farms as well as aquaculture businesses and further processing business in
accordance to distributing in Lao and exporting to foreign
"Charoen Pokphand Foods received a trust from The Lao
People's Democratic Republic to leasing its land and animal farm for 20 years to
run our businesses. For this gratitude, I would like to thank the Lao PDR's
government and the Vientiane city that extended very warm welcome to
"CPF will bring advanced technology, useful knowledge in
producing quality meat and beneficial techniques in aquaculture to Lao'
agriculturists. Consequently, it will definitely create more jobs and better
living for Lao' people."
will consume high quality, nutritional and safe protein sources as well as will
earn more income on export. With CPF's determination, company and every employee
have to pay back to the mother's land, not only Thailand, but also in everywhere
Charoen Pokphand Foods has been invested in," said Sripatak.
Laos has a registered capital of US $3 million. Initially, the company will
operate a feed mill on the area of 100,000 square metre of land, at it's
capacity of 6,000 tonnes/ month, its animal (swine and chicken) farming
businesses on 322,000 square metre of land, and raising fish
CPF has been expanding it
businesses into many countries around the world comprising of Vietnam, Turkey,
China, India, Malaysia, Russia, Laos and the Philippines.
â€¢ Charoen Pokphand Foods
For the latest pig news, subscribe here
To comment, login here
Or register to be able to comment.