Thai firm to invest $2.5B in agri technology devt

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Thai firm to invest $2.5B in agri technology devt
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PRESIDENT Ferdinand Marcos Jr. welcomed the commitment of a Bangkok-based firm to pour around $2.5 billion in agricultural technology development in the country. READ HERE:

The Presidential Communications Office said that officials of Thailand's Charoen Pokphand Group , led by its chairman Soopakij Chearavanont, paid a visit to Malacañang last Tuesday to discuss their company's plans to bring in new technology meant to boost the local agriculture industry.The C.P. Group plans to invest $2.5 billion from 2023 to 2027 for technology to be used in farming swine , poultry , shrimp , and other food products .

We will certainly see what the most ideal way is. We know that the government has a part to play. It's not only the private sector partner. The government will support the program and that's something that we have to decide,' he said.'Learning new things and applying new things, that's the only way I think to compete as well. C.P. Group has done so well to be a state-of-the-art company,' he added.

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