Food industry: Thai firm keen to invest in Pakistan

Thailand’s Charoen Pokphand Group (CP) is eager to invest into Pakistan.


April 08, 2011

ISLAMABAD: Thailand’s Charoen Pokphand Group (CP), a consortium of ten companies with an annual turnover of $7 billion in the food sector, is eager to invest into Pakistan.

CP President and Chief Executive Officer (CEO) Adirek Sripratak, speaking to the Minister for Food and Agriculture Israrullah Zehri, said: “We are committed to launch our business in Pakistan as soon as possible”.

Establishment of the company’s business in Pakistan will mutually benefit both the countries, said Sripratak, adding “our business philosophy is based on mutual benefits and transferring our mechanical and technical knowhow to the host country”.

Zehri, in his address said that Pakistan offers foreign investors huge potential in the agriculture and livestock sector, food processing, poultry, fish processing, seed and livestock production.

Published in The Express Tribune, April 8th,  2011.

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