Thai company signs poultry deals in China

Thai firm Charoen Pokphand Group (CP) has agreed to significant poultry investments in China as part of a drive to improve agricultural productivity in the country.

The company signed two Memorandum of Understandings (MOUs) with the Jilin provincial government. The first was signed by Yang Xiaoping, vice-president of CP’s Agro-Industry and Food business, Chia Tai Group and Zhang Dexiang, the Secretary of the Communist Party of China for Dehui City, and related to an investment in the production of three million layer chickens in the province per year.

The second, which was signed by Dexiang and Yu Jianping, another vice-president of Chia Tai Group, represented an investment in a full integrated chicken business to produce 100 million broilers per year, as well as ready meals, in Jilin province’s Dehui City.

CP’s chairman and CEO Dhanin Chearavanont and Sun Zhengcai, Secretary of the Communist Party of China – Jilin Province, were there to witness the signing of the agreements.

“The MOUs that were signed with the provincial government of Jilin is one of numerous projects aimed at introducing modern agriculture into China,” said a CP statement.

“Using modern management systems and technology to increase the productivity and quality of agricultural and food products will serve the government’s 12th Five-Year Plan for increasing the income of farmers, as well as providing food security and food safety.

“Various projects have been launched that include; the Pinggu City project in Beijing (3 million layer chickens per year), Zhanjiang City project in the province of Guangdong (1 million swine per year and 100 million broiler chicken per year, as well as aquaculture), Cixi City project in Zhejiang province (metropolitan intensive and mixed agricultural farming of chicken, crocodile, rice, vegetables, etc).”