Home MMBIZ News Heineken Beer Production By 2014

Heineken Beer Production By 2014

Dutch brewer Heineken’s first beer factory in Myanmar will go into operation by the end of 2014, its local partner said.

APB Alliance Brewery Co, a joint venture between Asia Pacific Breweries Ltd (APB) and local Alliance Brewery Co Ltd (ABC), was given the go ahead to establish a brewery by the Directorate of Investment and Company Administration on July 25.

Netherlands-based Heineken in May said that it will enter Myanmar through its subsidiary APB, which holds 57 percent of the $60-million joint venture. Heineken owns 95.3 percent stake in APB, Heineken’s joint venture with Fraser and Neave (F&N).

Heineken beer factory will be located in Hmawbi township in Yangon region.

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