CG Foods with new factories in Serbia, Saudia Arabia and Bangladesh. The company is also building a food park in Rajasthan. CG added to its hotel assets with properties in Sri Lanka, Rwanda and a new Taj Safari lodge in Nepal’s Chitwan national park in partnership with India’s Taj hotel chain. Binod Chaudhary who controls the Cinnovation/CG Group remains Nepal’s sole billionaire. His biggest asset is a controlling stake in Nepal’s Nabil Bank, but CG’s portfolio also includes noodles, electronics, beer and cement. He’s expanding
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