August 11, 2008


CP Group proposes to develop quake-hit areas in China's Sichuan 


Thailand's Charoen Pokphand Group (CP Group) has proposed to Chinese authorities in Sichuan to develop and construct modern farm projects in areas severely damaged by the earthquake in May 2008.


Dhanin Chearavanont, chairman of the CP Group, recently approached the Chinese authorities with the proposal, according to the Bangkok Post. 


The CP Group, known in China as the Chia Tai Group, was the first international enterprise to invest in China's agribusiness sector almost thirty years ago in 1979. 


CP has over 100 compound feed mills and five fully integrated poultry business in China.  About a quarter of China's poultry exports originates from CP.

The Group said it was ready to invest in the construction of modern farming communities and to accelerate rehabilitation of farms, farmers and their families. 


The CP concept involves encouraging farmers to apply new techniques and more effective farm management to maximise production and increase revenue.


CP was one of the companies chosen by China in 2007 to assist in modernisation of farm sectors in Shanxi, Henan, Hunan, Hubei, Jiangxi and Anhui provinces. 


CP's studies at the epicentre in Sichuan province indicates that small livestock farms in rural China were disproportionately hit, leaving a void that can be easily filled by medium and large-scale farms.


The trend is in line with China's modernisation policy for agriculture, and especially livestock farming, an executive from CP Group told the Bangkok Post. 

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