Cambodia Brewery opens second factory

/ March 9, 2017

Cambodia Brewery Ltd (CBL), a wholly-owned subsidiary of Heineken Asia Pacific, inaugurated its second brewery on the outskirts of Phnom Penh, tripling its beer production capacity and opening a new line to produce its Dutch parent company’s flagship lager, Heineken. The $100mn new facility will expand production of its existing beer brands including Tiger, ABC, Anchor and Crown, and add Heineken, enlarging production capacity to about 100,000 cases per day or 3 million hectoliters per year. Frans Eusman, president of Heineken Asia-Pacific, said Cambodia’s potential market growth was not the only reason the Dutch brewing giant approved CBL to brew and bottle its iconic Heineken beer brand; it was also due to CBL’s stringent quality standards. CBL is one of three major breweries in the Kingdom, the others being Cambrew, which produces Angkor, Bayon, Black Panther, and Klang beers, and Khmer Beverages, which makes Cambodia beer. According to Heineken’s data, Cambodians drink about 6.1 million hectoliters of beer per year or 38.6 liters per person. This puts Cambodians among the top beer-drinkers in the region. (Source: Phnom Penh Post)

© Copyright 2022 Yuanta Securities (Cambodia) Plc. All Right Reserved