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Article: Local investment a priority.
- Article from:
- Bangkok Post (Bangkok, Thailand)
- Article date:
- May 16, 2005
CopyrightCOPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Phusadee Arunmas
May 16--Agribusiness giant Betagro Group is set to beef up its domestic investments and in turn freeze investment plans in overseas markets, notably in China where competition has become intense.
The group this year favours investing locally, given that in Thailand there is still huge room for business expansion, according to chairman Chaivat Taepaisitphongse.
Among the new investments is the expansion of the 38-year-old company's export-oriented cooked pork production plant in Lop Buri province at a cost of at least 200 million baht.
Also in the cards is an 800-million project to expand the capacity of a ...
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