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ThaiBev to allocate B7bn for domestic, overseas expansion

Mr Thapana gives a keynote speech at ThaiBev’s annual conference held yesterday at the Queen Sirikit National Convention Center. (Photo: Somchai Poomlard)

Thai Beverage (ThaiBev), the Singapore-listed Asean food and beverage company, looks set to spend 7 billion baht to expand its businesses both domestically and internationally in the current fiscal year, which began on Oct 1.

Of the total, 4 billion baht has been allocated to construct a new beverage factory in Cambodia, with 3 billion earmarked for logistics facilities, a biogas factory, and other strategic initiatives, said Thapana Sirivadhanabhakdi, the…

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