Myanmar Investment Commission
has given the green light for Thailand’s Chang Beer to open breweries
and other beverage factories in Yangon and Mandalay regions as well Shan
State, sources said.
They said permission was granted at the
end of last month and that Beer Chang International Ltd. had formed a
joint venture with Myanmar Distillery Ltd. to operate the factories.
It is estimated that up to 10 million
cans of Beer Chang will be imported to Myanmar via the black market this
fiscal year, according to one research study. Commerce ministry data
estimates that almost eight million cans were illegally imported in the
fiscal year 2010-2011.
Restrictive policies on the import of beer, alcohol and cigarettes have been a boon to the black market, officials say.
Imports of beer are rising about 20
percent a year, they say. About 16 million cans are imported to the
black market annually, with the top brands being Beer Chang, China Beer
and Beer Laos.
source: Eleven Myanmar
No comments:
Post a Comment