Charoen Pokphand Group Company Limited (CP Group) announced that the Group will partner with leading French corporations on projects spanning the agribusiness, renewable energy and transportation sectors. .
The broader projects and partnerships will strengthen bilateral trade and investment cooperation, introduce advanced and innovative technologies into Thailand, and create job opportunities for the local economy. in Thailand and France.
Mr. Soopakij Chearavanont, Chairman of CP Group said: “We are excited about the tremendous opportunities ahead for CP Group to partner with leading French companies who will drive solutions. innovation in key areas of economic growth and further facilitation of cross-border trade and investment flowing between France and Thailand.”
Mr. Suphachai Chearavanont, CEO of CP Group said: “Partnerships will not only create tremendous commercial opportunities, but more importantly, create job opportunities for the local community and solve problems. address some of the most pressing livelihood and sustainability issues around food security, the transition to clean food. energy and transportation infrastructure needs to strengthen rural-urban connectivity.”
François Corbin, special representative of the French Minister for Europe and Foreign Affairs on economic relations with ASEAN countries, who is coordinating various projects on the French side, said: “There are not only many opportunities to development of economic relations between CP Group and France. Corporations. There is clearly a shared willingness to work together and deliver concrete achievements.”
CP Group is working with French business partners to promote technology exchange and innovation in many areas, including:
Explore renewable energy projects in wind, solar and energy storage technologies in the Asia-Pacific region: CP Group's wholly-owned subsidiary, Altervim Co., Ltd. and TotalEnergies Renewables are looking to support a low-carbon transition and help reduce electricity costs in Thailand and the Asia region, with the potential to generate 2 GW of capacity. These projects will contribute to CP Group's Carbon Neutral and Net Zero goals for 2030 and 2050, which has driven our group's investment policy in the clean energy sector.
Building high-speed rail operational capacity and developing innovative solutions for future rail infrastructure: Adopting a Memorandum of Understanding with Egis Railway Academy in March 2023, CP Group is working with Egis Railway Academy and other leading French corporations in this field, to establish a Training Academy to enhance the skills of employees and engineers to meet the challenge of design, construction Construction and operation of Thailand's first high-speed train that will link three major airports as part of Thailand's Eastern Economic Corridor.
Strengthening food supply and food quality: As the “Kitchen of the World”, CP Group will partner with French food manufacturers in dairy, meat and dietary supplements to introduce a wide range of food options. choose food.
high-quality French food products to Thai consumers through the Group's consumer and retail channels. In addition, CP Group is working with French companies to explore opportunities to further promote the development of food security in both countries. Opportunities for the development of domestic shrimp farming in France are currently being investigated.
Promoting Thailand's urban air and aerospace mobility ecosystem: CP Group will seek to work with the French aviation industry to enhance Thailand's aviation and space capabilities through development infrastructure, innovative products, services and solutions.
In line with the Group's ambition to support the development of a sustainable society through quality food, technology and innovative products, CP Group looks forward to partnering with French and French corporations. embark on these commercial opportunities with business partners in France.
