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 Limited.
Expansion
plans
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 Laos
and exporting to foreign countries.
“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 us.”
“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.”
High quality
“Moreover, Laotians 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.
C.P. 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 farm.
Expanding
business
CPF has been expanding it businesses into many countries around
the world comprising of Vietnam, Turkey, China, India, Malaysia, Russia, Laos
and the Philippines.
Related websites:
Charoen Pokphand Foods
(CPF)