PBBM seeks fast-growing agro-industry, welcomes Thai investment

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PBBM seeks fast-growing agro-industry, welcomes Thai investment
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President Ferdinand Marcos Jr. said he aspires for the Philippines to have a fast-moving agro-industry as he welcomed the plan of a Bangkok-based business conglomerate to invest some $2.5 billion in agricultural technology development in the country.

The C.P. Group is planning to invest some $2.5 billion in agricultural technology development in the country.

President Ferdinand "Bongbong" Marcos Jr. said he aspires for the Philippines to have a fast-moving agro-industry as he welcomed the plan of a Bangkok-based business conglomerate to invest some $2.5 billion in agricultural technology development in the country. "That's what we're trying to do is to put these elements together. And they can help us dahil nagawa na nila . Again, when it comes to-- they are very aggressive when it comes to the new technologies," he added.

According to Malacañang, the Bangkok-based conglomerate is planning to invest $2.5 billion from 2023 to 2027, covering swine , poultry , shrimp , and food .

 

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