Thai Wah eyes export boost
Thai Wah has budgeted Bt2 billion to expand its capacity to produce tapioca, cellophane noodles and other high-value products for export to Cambodia, Laos, Myanmar and Vietnam this year under a plan to boost total sales to Bt10 billion in 2019. Ho Ren Hua, chief executive officer, said that the company will build tapioca plants in Thailand and Cambodia. In Cambodia, the company established TWPC Investment (Cambodia) Co early this year to build a tapioca plant in Cambodia for distribution in the country. It set up Thai Wah Vietnam Co early this year to build a cellophane noodle plant in Ho Chi Minh City and enter other food businesses in Vietnam.
