MEIJI TO BOOST SALES IN SOUTHEAST ASIA
May 1st, 2011
BY WANG FANGQING
Major Japanese dairy product manufacturer Meiji Holdings is planning to boost its south-east Asia sales to Japanese Yen JPY20 billion (USD244.5 million) from the current JPY9.7 billion (USD118.6 million) through a five-year investment plan (2011 to 2015) carried by its Bangkok-based joint venture CP-Meiji, with the Thai conglomerate the CP Group. CP-Meiji is planning to invest JPY5 billion (USD61.2 million). "A new plant will be built at the current site in Bangkok for manufacturing yoghurt and lactic acid bacteria drinks, and the ...
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