Betagro Unveils Expansion Plan

Thailand’s Betagro Group has unveiled a THB1.5bn ($46m) plan to expand its livestock and meat-processing business.

The company is planning to add two pork facilities and three chicken-processing plants in various regions of the country.

Betagro expects the two-year plan to increase its sales to THB38bn ($1.1bn) by the end of 2012, up from an estimated THB29.3bn ($899m) this year.

Provincial markets in the country earned THB27bn ($828m) in 2009, boosting the sale revenue of Betagro to over THB50bn ($1.5bn) last year.

The group has three pig-slaughtering and meat-processing plants in Chiang Mai, Khon Kaen and Phatthalung.