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MCS-Asia Pacific Brewery LLC
(MCS-APB) will begin production in its $20 million brewery in Ulaanbaatur.
Manufactured under the name
Brewed-In-Mongolia Tiger, the plant will have the capacity to produce
60,000 bottles per day.
Commenting on the Mongolian
beer market, Koh Poh Tiong, Chief Executive Officer of APB said, “APB
is optimistic about the potential of the Mongolian beer market and anticipates
its investment there to succeed as Mongolia is one of the most liberal
and foreign investor friendly economies in Asia. Coupled with its improving
economy, which grew 7.5% in 2006, and the increasing preference for
beers amongst younger adult drinkers, as well as a shift in consumer
preference for beer over vodka, the Mongolian beer market looks set
to grow further.”
While APB is the first foreign
brewery in Mongolia, it currently has operations in Singapore, Malaysia,
Thailand, Vietnam, Cambodia and China.
With more than 70 years in
the brewing industry, APB’s most well known brands are Tiger and Heinekens
beer.
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