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Coronavirus

Thai billionaire races to build mask factory in coronavirus fight

CP Group's Dhanin invests $3m, aiming to supply hospitals

Dhanin Chearavanont, senior chairman of Charoen Pokphand Group, said his company will construct a mask factory to help Thailand deal with the novel coronavirus.   © Reuters

BANGKOK -- Thailand's richest man looks to build a factory in five weeks to begin production of 3 million hygienic masks monthly, as the country combats the outbreak of the new coronavirus.

Dhanin Chearavanont, senior chairman of top Thai conglomerate Charoen Pokphand Group, said Thursday that CP will invest roughly 100 million baht ($3.19 million). The group's main companies focus on livestock farming, food processing, retail and telecommunications, but mask production is not an area of expertise.

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