2nd Myanmar Consumer Summit,

27-28 Oct, 2014 - Yangon, MYANMAR

PARKROYAL Yangon

PLEASE CLICK HERE to view upcoming event. Information here is outdated
  • Industry Partner
    www.mbba.co.uk
  • Industry Partner
    www.myassocmm.com
  • Industry Partner
    www.vietnammanufacturers.com.vn
  • Industry Partner
    www.thairetailers.com
  • Industry Partner
    www.gapmmi.or.id
  • Promotion Partner
    www.irrawady.org
  • Promotion Partner
    www.mizzima.com
  • Promotion Partner
    www.etrademyanmar.com.mm
  • Promotion Partner
    www.oxfordbusinessgroup.com
  • Promotion Partner
    www.myanmar-business.org
  • Promotion Partner
    www.timesinternational.in
  • Promotion Partner
    www.timesinternational.in
  • Promotion Partner
    www.businesstimes.com.vn
  • Promotion Partner
    www.vietnamsupplychain.com
  • Promotion Partner
    www.made-in-china.com
  • Promotion Partner
    www.financeindonesia.org
  • Promotion Partner
    www.cambisreview.com
  • Promotion Partner
    www.asiatoday.com
  • Promotion Partner
    www.asiawidefranchise.com.sg/
  • Promotion Partner
    www.10times.com
  • Promotion Partner
    www.khmertimeskh.com
  • Promotion Partner
    www.indiaexportnews.com

News Feed

Nestlé expected to invest USD 50 million in Myanmar’s food and beverage industry over the next 6 years

Posted on : 14 Oct, 2014

 

Major food and beverages manufacturers are entering Myanmar to capture its vast consumer market.


The latest being Nestlé, the Switzerland based food major, that is committed to invest approximately USD 50 million in Myanmar's food and beverage industry over the next six years.


Nestlé will primarily focus on "coffee, milk and dairy products, drinking water and beverages" in Myanmar. However, the deal is awaiting approval from the Myanmar Investment Commission (MIC).


Nestlé already has a Myanmar-based subsidiary that it formed in September 2013. The food giant is also exporting many of its products to Myanmar.


Apart from Nestlé there are several other consumer companies that have entered the Myanmar market. Some of them are Unilever - opened production facility in May 2013, Coca-Cola - began a bottling factory outside Yangon in 2013, PepsiCo - opened its own bottling facility in Myanmar. In the alcohol segment, there is Heineken that recently procured a distribution license for some of its products.


2nd Myanmar Consumer Summit opens on 27-28 October, 2014 in Yangon to discuss the intricacies of the newly opened consumer market in greater detail.


Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218 for more information.


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