\u00a0\u00a0\u00a0 Charoen Pokphand Group (C.P. Group) Chief Executive Officer Mr. Suphachai Chearavanont, today, announced corporate business strategies to prepare for the post-pandemic world that will focus one of Thailand\u2019s most diversified business enterprises with over 400,000 staff on accelerated overseas expansion and alliances with other Thai businesses. Mr. Chearavanont said that the COVID-19 pandemic has \u201ctransformed the business environment, catastrophically affecting SMEs in Thailand, and at the same time also creating very large international corporations, some of which are now valued at more than the GDP of many of the world\u2019s countries.\u201d He said that both of these developments \u201caffect Thailand\u2019s global competitive standing as well as the health of its local economy by weakening its backbone of SMEs.\u201d According to Mr. Chearavanont, C.P. Group will drive four strategies that include \u201caccelerating its investments; accelerating the pace at which the group goes global; simplifying group structures of companies for added agility and speed; as well as creating commercial platforms to increase collaboration with other businesses and growers, especially in entering overseas markets.\u201d \u201cWe must not scale back investments because of the pandemic, but, on the contrary, accelerate current and new projects as a way of creating new jobs and new contracts, especially for the more than 1.2 million SMEs and small-holder farmers with which we collaborate directly and indirectly. \u201cThe spending of the group\u2019s various businesses should have a flow-through effect into many communities and businesses of all sizes, combined with the almost two billion baht the group has donated for assistance since the beginning of the pandemic,\u201d he said. Overseas investments are also being accelerated and he expects \u201cmultiple large initiatives to progress rapidly this year that can increase the footprint of Thai businesses in international markets.\u201d Mr. Chearavanont said that there would also be a simplification of some complex group structures of companies that are organised in 14 business groups. \u201cWe want to enable our companies to make faster decisions on joint initiatives in a world that demands great speed,\u201d he said. Mr. Chearavanont added that the most important initiative in preparing for the post-pandemic world is for C.P. Group companies to \u201cgo beyond creating, producing or selling products and services, to also becoming platforms that empower SMEs and other businesses to develop new opportunities for growth in Thailand and globally.\u201d As a part of a programme that he called the creation of \u2018Platforms of Opportunity,\u2019 Mr. Chearavanont said that C.P. Group is developing systems that will help other Thai businesses and growers enter foreign markets by working together with C.P. Group companies. \u201cWhen any Group company succeeds in establishing itself in an overseas market, it should also help tens, hundreds, or maybe even thousands, of Thai SMEs, or farmers, or other producers to go into those markets.\u00a0 SMEs are generally unable to afford the risks and difficulties of trying to enter international markets.\u00a0 And often, they cannot succeed against the entrenched commercial networks of those countries.\u00a0 If we consolidate their collective capabilities on any of our commercial platforms, we can give them the power of much larger companies and help them obtain the market access that only the largest Thai corporations can secure in foreign countries.\u00a0 It will unlock enormous, new economic potential that will bring added prosperity to millions, while also reinforcing the C.P. Group\u2019s footprint internationally through a win-win arrangement.\u201d Mr. Chearavanont said that the \u2018Platforms of Opportunity\u2019 business model is one of the best ways to strengthen Thailand\u2019s interests in the new, post-pandemic world because \u201cit empowers and mobilises on the global stage the capabilities of tens of thousands of SMEs and other Thai enterprises.\u201d \u201cThai companies must collaborate on a level they\u2019ve never done before to create a collective power that can protect Thailand\u2019s place in the future global economy.\u00a0 Just as the world\u2019s giant companies in the United States or Europe or China or Japan or Korea support and strengthen their home countries and home companies while also adding value to their host countries, so, too, must we do the same, in accordance with our Three-Benefit Principle.\u00a0 The Principle states that the consideration of benefits should be, first and foremost, to our country of investment, second to the community, and lastly to the company, in that order,\u201d he said.