YAKULT PLOTS EXPANSION IN MYANMAR AND UAE
May 1st, 2016
JAPAN'S probiotic product specialist Yakult Honsha Co Ltd has told just-food that it plans to launch a production facility by 2017 on the outskirts of Myanmar’s commercial capital Yangon.
The company has already set up a subsidiary to operate Myanmar work (in 2015), where it wants to tap into growing local demand for dairy products. "Due to the easing of restrictions on foreign capital as part of economic liberalisation, overseas investors' interest in Myanmar has been improving and its economy is experiencing significant growth," said Hiroki Murayama, a ...
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