ThaiBev To Build New Beverage Factory In Cambodia
By
B2B Cambodia
on
Thailand-based media reported that ThaiBev, the Singapore-listed food and beverage company, will expand its operations internationally and spend 4 billion baht (USD $105 million) on a new beverage factory in Cambodia.
ThaiBev CEO, Thapana Sirivadhanabhakdi, has also pledged as much as 3 billion baht (USD $ 80 million) for logistics facilities, a biogas factory, and other strategic initiatives as the company seeks to expand domestically in Thailand and abroad.
The CEO also said that no more mergers and acquisitions were planned and that the strategic growth would be achieved through a comprehensive partnership.
The Bangkok Post reported that among ThaiBev's growth strategy are three core pillars:
- Growth
- Sustainability
- Enablement.