Carabao Dang maker eyes plants in Myanmar, Cambodia
Carabao Tawandang, the manufacturer of Carabao Dang energy drinks, plans to open factories in Myanmar and Cambodia within the next three to five years. Managing director Sathien Setthasit yesterday said the company would also increase the production capacity of its Thai factory by 40 per cent, in line with the goal of making Carabao Dang the No-1 energy-drink brand in Asean. He said the establishment of plants in Myanmar and Cambodia formed a central part of its plan to penetrate other Southeast Asian markets. The planned factory in Myanmar in the next three to five years would also give Carabao Tawandang a production base for exporting its energy drinks into middle-Asian countries such as Bangladesh and India. Output from the company’s planned factory in Cambodia would cover that market, as well being exported to Vietnam. … “We have budgeted up to about Bt1 billion for the investment, of which between Bt200 million and Bt300 million is for the energy-drink factory in Myanmar, and a similar amount for our plant in Cambodia. …
Savitree Rinwong
http://www.nationmultimedia.com/business/Carabao-Dang-maker-eyes-plants-in-Myanmar-Cambodia-30217758.html
