CPF five-year focus; “India, Vietnam, Russia and Philippines”

CharoenPokphand Foods (CPF) fve year business plan has identified India, Vietnam, Russia and the Philippines as its “top priority markets for expansion, says president and CEO Adirek Sripratak, because we plan to access those markets where we believe we can win”!
 

CPF’s yearly investment budget of which 60 percent will be spent overseas in these four countries, and the aim is to “increase CPF’s overseas sales from 26 percent to 40 percent by 2015”. In Vietnam, CPF is expanding businesses including pig, chicken, fish and shrimp farms, feed mills and shrimp hatcheries, while in Russia, the focus will be on pig farms two of the planned 10 already running and more investments in feed mills to serve the pig farms. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers