Thai Asia Pacific expects its sales to rise by around 20% this year, following a rise of between 20% and 30% last year. “We have seen a huge potential for the Thai beer market since demand for beer has been increasing every year,” said executive director, Chai Chaiyawan.
THAILAND: Thai Asia Pacific Brewery set for expansion
Thai Asia Pacific Brewery, part-owned by Heineken, is to double its brewing capacity from 98 million litres to 190 million litres following the agreement of a Bht2 billion loan deal. The expansion is in response to growing demand for beer in Thailand where beer consumption grew by almost 9% last year. Thai Asia Pacific Brewery produces both the Heineken and Amstel brands in Thailand.