SINGAPORE - Food and beverage giant Fraser and Neave will be building a new smart and sustainable facility in Singapore which will cost more than $80 million.
The dedicated R&D centre will help to accelerate the translation of innovative ideas and concepts into finished products. Mr Koh Poh Tiong, chairman of the F&N board executive committee, said:"Our investment in this new facility marks our confidence in Singapore's future, as well as its ability to meet rising global and local challenges.
It is among the first in the region to use this system for manufacturing and handling processes for chilled products. Dr Beh said:"We are particularly delighted that through F&N, Thai Beverage is growing its footprint and operating base in Singapore. Thai Beverage is a leading Asian family business that is building on its traditional strength in the markets of Indochina to expand into the rest of Southeast Asia and beyond.
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