Thais to set up maize plant
THAI agribusiness giant Charoen Pokphand (CP) Foods is setting up a new silo and drying plant for maize in Pailin province. The exact investment cost is not known. According to a newspaper report in The Nation, the plant, together with a planned feed-meal plant in Laos, will cost 250 million baht (US$8.38 million) in total, said Sakol Cheewakoset, president of CP Cambodia and CP Laos, subsidiaries of CP Foods which are managing the investments. The plant in Cambodia “is to ensure high-quality raw material to serve [the company’s] feed production for both the domestic market and export”, with an initial monthly capacity of 10,000 tonnes, the report said. …
http://www.phnompenhpost.com/2013030561742/Business/thais-to-set-up-maize-plant.html
