ThaiBev plans 7 billion baht expansion including new factory in Cambodia

[geovalin]

Singapore-listed food and beverage company ThaiBev, has revealed its investment plan of 7 billion baht to expand domestically and internationally. The expansion includes the construction of a new beverage factory in Cambodia, as well as logistics facilities, a biogas factory, and other strategic initiatives. ThaiBev aims to strengthen its brand and improve its competitive position in the industry.

 

Acknowledging the rebound of the tourism and food and beverage industries, ThaiBev’s CEO, ThapanaSirivadhanabhakdi, stated that the company is ensuring sustainable growth through three strategic pillars: development, sustainability, and enablement. This includes diversifying its market presence, expanding its product portfolio, and meeting evolving consumer demands.

 

ThaiBev plans to invest 4 billion baht in constructing a new beverage factory in Cambodia, which will be the country’s first brewery factory. The facility is expected to be completed within two years and will have a production capacity of 50 million hectoliters per year. This investment reflects the company’s confidence in the growth potential of the Cambodian market.

 

 

read more https://www.khmertimeskh.com/501371751/thaibev-plans-7-billion-baht-expansion-including-new-factory-in-cambodia/