The new plant is equipped to serve a consumer base of over 200 million, covering Thailand and Indochina.
Mr Koh Poh Tiong, F&N’s Chief Executive Officer, Food and Beverage Division, said the plant will also supplement their export initiatives to other parts of Asia, as well as Africa and the Middle East.
With the opening of this new canned milk plant, F&N targets doubling the revenue of its Thailand dairy operations to S$700 million by 2016, up from about S$350 million recorded in FY2009/2010, buoyed by continuous market penetration in Thailand, further expansion in Cambodia, Laos, Myanmar and recently, Vietnam as well as export demands beyond Indochina.
Located on a complex which occupies a land area of about 9.6 hectares, the dairy plant has a total capacity of 3.5 million cans per day or an annual production of about 24 million cases. It is operated by F&N Dairies (Thailand) Limited (FNDT), a wholly-owned subsidiary of Fraser & Neave Holdings Bhd, the Malaysian arm of F&N.
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