date:Nov 27, 2013
Charoen Pokphand Foods Pcl , Thailand's largest agribusiness company, plans to invest 50 billion baht ($1.6 billion) during 2014-2016 to expand the capacity of its feed, farm and food businesses.
CP Foods is aiming for revenue growth of 15 percent in 2014 from its 380-390 billion baht in 2013, which is below target due to the impact of a shrimp disease at its farm operations, Chief Executive Adirek Sripratak told reporters on Monday.
From 2014 to 2016, 60 percent of the company's investment bu