CP to build farms in China earthquake zone
Charoen Pokphand Group (CP Group) chairman Dhanin Chearavanont has
approached Chinese authorities with a proposal to develop modern farm projects
in areas severely damaged by earthquakes in May.
Speaking on behalf of the president of the Overseas Chinese Entrepreneurs
Association, Mr Dhanin said members from around the world had vowed to support
China to pursue its resettlement and reconstruction work after the quake that
killed about 70,000 people and made millions homeless.
He said that the
CP Group, which operates livestock and food operations in quake-hit provinces
including Sichuan, the epicentre of the earthquake, was ready to invest to build
modern farm villages to speed up rehabilitation for farmers. The concept would
involve encouraging farmers to apply new techniques and more effective farm
management to increase revenue.
CP last year was among companies chosen
by China to help modernise the farm sector in six provinces: Shanxi, Henan,
Hunan, Hubei, Jiangxi and Anhui. The programme, with a budget of 100 billion
yuan, aims to narrow the income gap between urban and rural
The Chinese authorities have yet to respond to the approach by
Mr Dhanin, who recently brought 25 leading businessmen from many countries to
visit the damaged sites. The association also donated two billion yuan or about
10 billion baht to the government to carry out relief and reconstruction
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