26 Apr, 2014
Laos’ coffee giant eyes Thailand for expansion – The Nation
Bangkok – Dao-Heuang Group, a leading coffee producer in Laos, is set to enter Thailand next year via a contract to grow coffee on a 1,000-rai plot of land in the North. This move is part of the company’s plan to boost its production capacity to meet rising demands once the Asean Economic Community (AEC) is launched in 2015, the group’s vice president Boonheuang Litdang said at a press conference yesterday.
“We will be growing coffee in Thailand in order to serve rising demand in Asean countries,” she said.
The group, which is a member of the Laos PDR Coffee Federation, will also partner up with the Singapore Coffee Federation and other similar associations to set up an Asean Coffee Federation in the next two months. This is part of a move to promote coffee products produced in Asean to the global market, Boonheuang added.
Read the rest: Laos’ coffee giant eyes Thailand for expansion – The Nation.
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