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Investors from Thailand want to build farms in the Far East - EastRussia | Far East

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Investors from Thailand want to build farms in the Far East

Charoen Pokphand Foods, CP Foods from Thailand became interested in investment projects in the Far East. Now its representatives have arrived with a business mission in the DFO and are discussing the possibilities of launching the production of meat products in the regions, as well as the construction of a pig-breeding complex and a poultry factory for growing broilers.

The delegation has already held several meetings in Vladivostok, and will hold them with the leadership of the Khabarovsk Territory by the end of the week. According to the press service of the Agency for the Development of Human Capital in the Far East, Charoen Pokphand Foods, CP Foods is part of the transnational conglomerate CP Group and specializes in agricultural production. At the end of last year, the company ranked seventh in terms of pork and chicken production in Russia.

The total investment of the corporation in the Russian economy is about 1,8 billion US dollars. The conglomerate has already built several pig farms in the Moscow, Oryol, Kaluga and Kaliningrad regions, now it is commissioning a pig farm in the Nizhny Novgorod region.

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