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Charoen Pokphand Foods keen to invest in Phillipines: Feed mill

Published on 19 November, 2010, Last updated at 08:16 GMT
 
Charoen Pokphand Foods keen to invest in Phillipines: Feed mill

Agriculture Secretary Proceso J. Alcala has thanked Thailand Ambassador to the Philippines, Kulkumut Singhara Na Ayudhaya, during the latter's recent courtesy call at the Department of Agriculture (DA) central office in Quezon City.

According to a government press release, Ambassador Ayudhaya had been joined by top officials of Charoen Pokphand Foods (CPF), Thailand's leading agro-industrial and food conglomerate, who expressed keen interest in investing in the country particularly on feed mill, poultry and piggery operations.

Secretary Alcala immediately tasked DA officials and agencies to assist CPF officials to realise their planned investment.

Last year, total trade between the Philippines and Thailand amounted to US$3.7 billion. The country's top agricultural exports to Thailand include tuna, cigars and cigarettes, and cereal products, while top agricultural imports include Thai rice, corn seeds and cassava starch or tapioca.

 

 
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