CPIN – Allocating IDR1.5 tn capex

CPIN – Allocating IDR1.5 tn capex Charoen Pokphand Indonesia (CPIN) allocates IDR1.5 tn capex which will be used for maintenance and expansion. Maintenance will be carried out for machines and building facilities that need to be replaced and repaired. Meanwhile, the expansion will be carried out in 3 segments, namely feed mill, poultry farming and food sector. In the feed mill segment, CPIN will expand to Makassar, South Sulawesi. As for the poultry farming and food sector segments, CPIN is expanding into areas that lack capacity. (Source : Bisnis Indonesia)