April 16, 2012

Charoen Pokphand invests in Philippine's Bataan province

Charoen Pokphand (CP) Group had set up a PHP2.8 billion (US$67.71 million) aqua feed company in the province of Bataan, Philippines.

Mayor Gene Malibiran-dela Fuente said CP boosts the town's employment and revenues.

"The company is now running smoothly after its dry-run operations. We are thankful that we have big foreign investors who trust our people," she said.

With an estimated income of US$33 billion annually, CP has over 100 companies in 15 countries and employs 280,000 worldwide.