CP to build farms in China earthquake zone
Charoen Pokphand Group (CP Group) chairman Dhanin Chearavanont has
approached Chinese authorities with a proposal to develop modern farm projects
in areas severely damaged by earthquakes in May.
Speaking on behalf of the president of the Overseas Chinese Entrepreneurs
Association, Dhanin said members from around the world had vowed to support
China to pursue its resettlement and reconstruction work after the quake that
killed about 70,000 people and made millions homeless.
He said that the CP Group, which operates livestock and food operations in
quake-hit provinces including Sichuan, the epicentre of the earthquake, was
ready to invest to build modern farm villages to speed up rehabilitation for
farmers. The concept would involve encouraging farmers to apply new techniques
and more effective farm management to increase revenue.
In 2007, CP was among companies chosen by China to help modernise the farm
sector in six provinces: Shanxi, Henan, Hunan, Hubei, Jiangxi and Anhui. The
programme, with a budget of 100 bln yuan, aims to narrow the income gap between
urban and rural residents.
The Chinese authorities have yet to respond to the approach by Dhanin, who
recently brought 25 leading businessmen from many countries to visit the damaged
sites. The association also donated 2 bln billion yuan or about 10 billion baht
to the government to carry out relief and reconstruction work.
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