Bangkok firm to invest THB125 million in the Philippines

Pig farm is expected to open next year.

Bangkok-based Charoen Pokphand Foods will invest THB125 million (US$3.7 million) to build a pig farm on the Philippine island of Luzon, the Bangkok Post reported.

The farm is expected to be ready next year. "The pig farm should be successful because of high pork consumption among the Philippine people," said Adirek Sripatak, CPF's president and CEO.

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