Thai Company, CP Group, keen to invest in Andhra Pradesh
Ramakrishna

Thai Company, CP Group, keen to invest in Andhra Pradesh

31-10-2017

Thai Company, CP Group, keen to invest in Andhra Pradesh

Thai company, CP Group, keen on investing in Andhra Pradesh to develop agro-processing

The Chief Minister met with a delegation of members of the Thai Embassy and the multi-billion dollar company, CP Group on Tuesday.

The Thai Ambassador to India, Chutinhorn Sam Gongsakdi, was accompanied by SudchaiRujithanawat, from the Thai Consulate, Jaasthi Krishna Kishore, CEO of AP Economic Development Board and R. S. 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, ChainanNuphet presented the various sectors that they would like to explore in AP.

In Andhra Pradesh, they want to set up a Mega Park for integrated agro-processing, and horticulture.

The Chairman PratanJongpun, 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.

He also suggested that the company can set up a unit in association with the Mega Seed Park planned in Kurnool. “Agriculture will consistently grow at 25-30%, like the first quarter this year”, he said.

The CP Group was also keen on starting hatcheries in Amaravati, and bring modern technology to the state of Andhra Pradesh.

The delegates expressed an interest to connect the Thai government with the AP government, for the building of a Buddhist temple in Amaravati, in traditional Thai architecture.

The AP Economic Development Board will connect the group to the Departments of Food Processing and Agriculture, to discuss the way forward.