Interbrew, the Belgian beer giant, has entered into exclusive negotiations with Thailand's leading brewer Boonrawd Brewery, to create a joint venture in the country. It is expected that this joint venture be finalised and set up in the spring of this year. Although Interbrew, through its Beck's subsidiary, is already present on the Thai market with the Kloster brand, Boonrawd Brewery owns the most recognized brands in the Thai beer market: Singha and Leo.