CP to expand its regional maize crops
The CP Group plans to enlarge its maize plantations in four neighbouring countries by another 1.67 million rai to provide feed for the group’s livestock business.
Ajva Taulananda, vice-chairman of the group, said the expansion was planned
over the next two years to bring the total plantation area to 3.2 million rai in
Vietnam, Burma, Cambodia and Laos.
Its crop areas would climb to 1.7
million rai in Vietnam, 700,000 in Burma, 500,000 in Cambodia and 300,000 in
Laos.
The expansion is expected to produce an additional 1.67 million
tonnes of maize for CP to supply animal feedmill production and livestock
farming for CP Group and its SET-listed flagship Charoen Pokphand Foods Plc.
Regional subsidiaries CP Vietnam Livestock Co and CP Laos Co need a large volume
of maize each year.
Related website:
CP Group
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