October 11, 2007

CPF invests in feed and pig farms in Moscow

Thai food giant Charoen Pokphand Foods (CPF) has launched a project for a mixed fodder plant and two pig breeding complexes in Lukhovitsy, Moscow Region.

The feeding complex will have a capacity of 20,800 animals and the breeding complex will have a capacity of 2,700.

The mixed fodder plant will start operations in the first quarter of 2008 with investments at R286 million (US$11.46 million). 

The pig breeding complexes will go into operation in the second half of 2008, with Thai investments to total R225 million (US$9 million) 

CPF is expected to invest about R2.0 billion (US$80.16 million) in the Moscow Region by 2011.