March 25, 2011
 

Betagro Group to invest in southern Thailand

 

 

Betagro Group plans to invest THB1 billion (US$33 million) in six upcountry sites mostly in the south with emphasis on business expansion to raise the number of slaughterhouses, processing plants, feed mills, distribution centres and shops.

 

The development, to be carried out from 2010 to 2012, will help raise sales of the area business to THB38 billion (US$1.25 billion) by the end of 2012, up from an approximated THB29.3 billion (US$969 million) this year, said Vasit Taepaisitphongse, Betagro chief operating officer.

 

Vasit added that it is also extending its business into neighbouring countries, including Laos and Cambodia, for livestock and feed mills, with building of a pig farm in Cambodia 40% completed and a feed mill in Laos with a monthly production capacity of 6,000 tonnes.