Business Today: PKPS Partners CP Group Thailand To Increase Chicken Production To 14.8 Million By 2025
The Selangor Agricultural Development Corporation (PKPS) has partnered with Charoen Pokphand Group (CP), the world’s largest food conglomerate, to increase chicken production to 14.8 million by 2025.
Its chief executive officer Dr Mohamad Khairil Mohamad Razi said the initiative was included under the Ehsan Food Price Intervention Programme (PIHE) involving the development of breeder chicken farms, hatchery farms, and egg production farms.
He said PKPS will identify suitable locations and complete infrastructure development procedures while CP will bring in technical expertise.
“We will try our best to utilise CP’s vast experience and strength as one of the world’s largest food manufacturers with operations and investments in over 40 countries while implementing PIHE,” he said in a statement.
Commenting further, he said the project would reduce dependencies on imported chickens thus helping to stabilise chicken stocks and prices in Selangor.
“The agreement also includes short-term solutions for the supply of fresh chicken and eggs through direct import methods from CP farms as well as knowledge-sharing and training between us.
“CP as the owner of Lotus’s Hypermarket also would like to explore a potential collaboration to market and sell Ehsan’s products,” he said.
Meanwhile, Dr Mohamad Khairil said PKPS will have a further discussion with Menteri Besar Dato’ Seri Amirudin Shari and other relevant parties on the first phase of the breeder project which will cost RM50 million.
“Selangor aims to be a sustainable state in terms of food supply and is not fully dependent on imports.
“Thus, PKPS, as one of the agencies responsible for the state’s food security, is planning a high-impact project to ensure that the basic food supply for the people of Selangor continues to be sustainable in the future,” he said.