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Thai firm to invest $2.5B in agri technology devt

PRESIDENT Ferdinand Marcos Jr. welcomed the commitment of a Bangkok-based firm to pour around $2.5 billion in agricultural technology development in the country.

The Presidential Communications Office (PCO) said that officials of Thailand's Charoen Pokphand Group (C.P. Group), led by its chairman Soopakij Chearavanont, paid a visit to Malacañang last Tuesday to discuss their company's plans to bring in new technology meant to boost the local agriculture industry.