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Thailand’s largest and one of the world’s largest conglomerates Charoen Pokphand Group (C.P. Group) is joining forces with Silicon Valley-based Plug and Play, the largest global innovation platform for industry accelerators. Through this partnership, Plug and Play will work closely with C.P. Group to leverage innovation as the company steps up its efforts to build sustainable businesses and nurture positive impacts on global communities.
The two companies have signed an agreement to collectively develop and promote new services through a collaboration program with global startup in the Smart Cities verticals including Sustainability, Circular Economy, Digital Health, Industry 4.0, Mobility, Internet of Things (IoT), Clean Energy and Real Estate & Construction. This partnership will also serve as a keystone for future strategic initiatives with C.P. Group to create value and growth opportunities
“We are proud to partner with such a key international player as Plug and Play to accelerate digital adoption and strengthen our engagement with innovative startups across the globe. This will further scale up the digital ecosystem across C.P. Group’s business units in line with C.P. Group 4.0 strategies which aim at integrating cutting-edge technology in all aspects of our business. We aspire to be a technology-driven business leader by growing our presence in the innovation space and bringing innovative services and solutions to our group of companies,” said Mr. John Jiang, chief technology officer and global head of R&D, C.P. Group.
“In addition to the direct benefits to our C.P. Group’s business units and partners, we are pleased to partner with Plug and Play to bring in world-class talents and innovations to Thailand startup ecosystem, while helping to nurture and bring Thai startups to the regional and global market,” said Mr. Thanasorn Jaidee, President, TrueDigitalPark, a business unit of C.P. Group which provides the largest space in Southeast Asia to support the development of the startup and innovation ecosystem in Thailand.
“We’re thrilled to have C.P. Group joined Plug and Play Thailand and Silicon Valley Smart Cities corporate innovation platform. Our goal is to provide visibility and engagement to the technology companies globally focusing on major business units of C.P. Group,” said Mr. Shawn Dehpanah, executive vice president and head of corporate innovation for Plug and Play Asia Pacific.
Celebrating its 100-year anniversary this year, C.P. Group is committed to driving the 3-benefits principle in our business consideration society toward sustainability through innovations that help promote good health for consumers. In addition, they implement projects aimed at improving the quality of life and health of people through our shared experiences and knowledge with a focus on comprehensive development in economic, social and environmental aspects.