CPF will continue to invest in potential markets offshore in 2020, including the 17 countries where CPF already has investments, to offset subsiding purchasing power in the domestic market, said Adirek Sripratak, chairman of the executive committee.  

Markets with high growth opportunities are China, Vietnam, India, the Philippines, Russia and the United States.

CPF’s business growth in recent years has been driven by overseas investments which now constitute over 70% of the company’s annual revenue worth more than 500 billion baht.  The revenue generated in Thailand is around 27-28% of the total while exports from Thailand constitute only 5%.