Tuesday, 26 March 2013 11:03

Fonterra hosts Thai leader

Written by Pamela Tipa

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Thailand Prime Minister Yingluck Shinawatra has met with Fonterra Chairman John Wilson for a tour of a South Auckland dairy farm and also visited the company's Te Rapa manufacturing site.

Fonterra say the visit was an opportunity for Wilson to further strengthen the company's relationship with Thailand, where it is the number one supplier of dairy ingredients.

Wilson says Fonterra was honoured to host Shinawatra and provide her, and the Thai trade delegation with a deeper understanding of their business, and the New Zealand dairy industry.

"Thailand's overall dairy consumption is still relatively low at 20kg per person per year, compared to the world average of 110kg. However, with its increasingly affluent population we expect the demand for dairy products to grow, which makes it an important country for our growth in Asia," says Wilson.
The Thai trade delegation included Deputy Prime Minister and Minister of Foreign Affairs, Surapong Tovichakchaikul and 20 Thai agri companies.

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