Thai's CP group keen to invest in Andhra for agro-processing

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In another major turn, a multi billion dollar Thai company, CP Group, has come forward to invest in Andhra Pradesh to develop agro processing. On Tuesday, a delegation of members of the Thai Embassy and the CP Group have met the Chief Minister Chandrababu Naidu.

The Thai Ambassador to India, Chutinhorn Sam Gongsakdi, was accompanied by Sudchai Rujithanawat, from the Thai Consulate, Jaasthi Krishna Kishore, CEO of AP Economic Development Board and RS Naik, Commissioner of the Fisheries Department, among others.

The $45 billion company, CP Group, established in around 100 countries, proposed to join hands with the Government of Andhra Pradesh.

Their Advisor, Datuk Suhaidi Bin Sulaiman and Chief Financial Officer, Chainan Nuphet presented the various sectors that they would like to explore in Andhra Pradesh.

They want to set up a Mega Park for integrated agro-processing, and horticulture.

The Chairman Pratan Jongpun, said that the group is also interested in collaborating with the Government to train 3,000 students every year in the fields of entrepreneurship and communication.

They have a worldwide presence in animal husbandry, aquaculture and poultry farming.

The Chief Minister explained the success of the farmers of the State in becoming the top exporter in aquaculture, and a potential hub for horticulture.

“The climate of the State is optimum for agriculture, and we have good natural resources to practice all allied sectors. Our people are also extremely enterprising and creative and are strong in IT and medicine”, he said.

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