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FOOD & BEVERAGE | Staff Reporter, Singapore
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Fraser & Neave to explore beer production in Myanmar

It formed a joint venture company with Than Lwin Aye Yar Industrial Production & Construction Co., Ltd.

Fraser & Neave Limited (F&N), through subsidiary F&N Investments Pte Ltd (F&NI), incorporated a joint venture (JV) company in Myanmar.

According to an announcement, the JV company, Emerald Brewery Myanmar Ltd (EBML), was formed with Than Lwin Aye Yar Industrial Production & Construction Co., Ltd. (TLAY).

F&NI will hold 49% of the company, whilst TLAY will hold 51%.

"It is intended for EBML to explore beer production in Myanmar," F&N said.

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