Thai Union Group, today a leading seafood producer and owner of such iconic international brands as Chicken of the Sea and John West, started four decades ago in 1977 with the takeover of a fish processing factory. Thai Union, which supplies one in five cans of tuna sold in the world and has annual revenues exceeding $4 billion, saw its sales rise by 6 percent in the first quarter of 2020.

Thai Union, which also sells 42 percent of its seafood in the U.S. and 30 percent in Europe, has had a decades-long history of backing from the BOI—including support for a Global Innovation Center the company launched in 2016 in Bangkok to develop new technologies. “The BOI has been one of the greatest investment support vehicles of Thailand,” Thai Union president Thiraphong says. “We believe in the future of Thailand and the future of the food industry in Thailand. We also believe in the opportunities in the world market and that’s why we are confident to make investments, especially in innovation and sustainability.”