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CP Foods doubles down on facilities in Vietnam and China

Thai player earmarks nearly $1bn for overseas investment

CP Foods CEO Prasit Boondoungprasert explains the company's business plans. (Photo by Marimi Kishimoto)

BANGKOK -- Charoen Pokphand Foods will invest 30 billion baht ($977 million) in overseas plants as well as research and development this year, accelerating its pursuit of growth outside Thailand.

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