Soopakij Chearavanont, Chairman of Charoen Pokphand Group (C.P. Group), announced this information during meetings with government leaders, the National Assembly's Economic and Finance Committee, the Ministry of Agriculture and Environment, and the Group's partners from 9-11 July.

The company outlined plans to expand deep processing and exports, including an additional 200 million USD investment to increase the capacity of its export chicken processing complex. It also projected a 300 million USD investment to build a new processing plant in Phu Tho and a further 100 million USD for its pork slaughtering and processing chain.

C.P. Group leaders also expressed their desire to continue long-term investment and development, partnering with Vietnam to foster a modern agricultural sector. This includes accelerating digital transformation and artificial intelligence (AI) adoption, and promoting sustainable, environmentally friendly agri-food production.

Soopakij Chearavanont, Chairman of C.P. Group, and the leadership delegation during their working visit to Vietnam. Photo: C.P. Vietnam

Expanding deep processing, increasing export capacity

Discussing development plans in Vietnam, Montri Suwanposri, a CPF Board Member and Vice Chairman of C.P. Vietnam Livestock Joint Stock Company, stated that deep processing and exports are key investment priorities for C.P. Group in the coming period. Specific implementation directions include expanding poultry processing capacity, investing in new plants, and completing clean slaughtering chains.

"`The Group aims to continue expanding investment, transforming Vietnam from merely a consumer market into a production hub serving international export markets,`" shared Soopakij Chearavanont, Chairman of C.P. Group.

Soopakij Chearavanont, Chairman of C.P. Group, at a meeting with the Ministry of Agriculture and Environment on 10/7. Photo: C.P. Vietnam

In the poultry sector, the CPV Food Binh Phuoc export chicken farming and processing complex in Dong Nai currently operates with modern technology, achieving a capacity of approximately 1 million birds per week for export. Based on the project's operational efficiency, the Group plans an additional 200 million USD investment to increase the plant's capacity to 2 million birds per week.

Additionally, C.P. Group also anticipates investing approximately 300 million USD to construct a new processing plant in Phu Tho, with a capacity of 1 million birds per week. This project is expected to enhance processing capabilities in the northern region, expand the supply of processed products, and support the goal of increasing the export value of the agri-food sector.

In the pork processing sector, C.P. Vietnam has operationalized 5 slaughterhouses nationwide. The company will further invest 100 million USD to complete its clean pork slaughtering chain, aiming to meet both domestic and international market standards.

With its integrated feed - farm - food model, from farm to table, C.P. Vietnam has the foundation to implement synchronized processes from breeding stock, biosecurity, and processing to traceability. This helps the company enhance the effectiveness of input and output quality control, thereby meeting the increasingly stringent demands of domestic and international markets for safe food and transparent origins.

Montri Suwanposri (center), Vice Chairman of C.P. Vietnam Livestock Joint Stock Company, shares C.P. Group's investment expansion strategy in Vietnam. Photo: C.P. Vietnam

Applying technology, enhancing supply chain value

Beyond deep processing and exports, technology is a crucial component of C.P. Group's investment expansion strategy. The application of digital technology, artificial intelligence, and modern management solutions is expected to enhance production efficiency, quality control, optimize operations, and improve traceability within the agri-food supply chain.

In Vietnam, C.P. Vietnam also promotes the application of artificial intelligence and data in livestock production management. These solutions aim to standardize operational data, enhance monitoring, analysis, traceability, risk control, and improve management efficiency across the entire chain.

The CPV Food Binh Phuoc export chicken farming and processing complex currently has a capacity of approximately 1 million birds per week. Photo: C.P. Vietnam

The Group also focuses on applying technology in production, optimizing energy use, quality control, and supply chain management. Furthermore, solutions for clean energy, material reuse, and green production are integral to the Group's strategy for modern, sustainable agricultural development.

C.P. Vietnam aims for net-zero emissions by 2050, linked to energy saving solutions, renewable energy use, and emissions management in its production and business operations. The company also promotes a circular economy by reducing packaging material use, enhancing reuse, recycling, and efficient resource management.

In the next phase, the Group stated it continues to identify Vietnam as a strategic market in the agri-food sector, aiming to expand investment into high-value-added segments, enhance deep processing, apply technology, and boost production capacity for both domestic and export markets. Through these efforts, the entity expects to contribute to the development of a modern, safe, and sustainable agricultural sector.

Thai Anh