Thai chicken exporter Charoen Pokphand Foods is reportedly planning to invest THB8.5bn (US$217.3m) in a new manufacturing complex.
The project will include a feed mill with an annual capacity of 1.2 million tonnes, 12 farms with an annual capacity of 132 million eggs, a hatchery to hatch 110 million chicks per year, 30 broiler farms producing 52 million chickens per year, a slaughterhouse with a daily capacity of 333,000 chickens, a processing line to produce 86,400 tonnes of poultry per year, and a sausage factory to produce 40,500 tonnes per year.
The company hopes the integrated facility will ensure high quality farm-to-table production and meet food safety requirements in foreign countries, Dow Jones News reported, citing local media.
The Thai poultry industry has been hit hard recently due to major outbreaks of bird flu in the country.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData