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> F&N to invest more in Malaysia because of flood, in Thailand News

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TSKampung2005
post Oct 12 2011, 04:44 PM, updated 15y ago

Proudly Kampungite, will always be one.
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From: 梅田,大阪 //Sabah
QUOTE
F&N to boost Malaysia ops amid Thai flood
Published: 2011/10/12

Fraser and Neave Holdings Bhd (F&N) will boost its operations in Malaysia to ensure an uninterrupted supply of dairy products amid Thailand's worst flood in decades, its chief executive officer Datuk Ng Jui Sia said.

F&N's facility in Rojana Industrial Park, Ayutthaya, under its unit F&N Dairies (Thailand) Ltd, has ceased operations due to the massive floods following unusually heavy moonson rains.

"We are looking at a back-up plan including utilising Petaling Jaya's capacity to back it up and accelerate the construction of our new dairy plant in Pulau Indah," he told reporters at the inauguration of its RM42 million three-in-one monoblock production plant here today.


Some 300 of the 2,150 factories in the ancient capital Ayutthya are affected by the floods, causing many to stop work temporarily. "Only God knows how long our factory in Thailand will cease it operations," he said.
Read more: F&N to boost Malaysia ops amid Thai flood http://www.btimes.com.my/Current_News/BTIM...l#ixzz1aYUDQkZp
TSKampung2005
post Oct 12 2011, 04:46 PM

Proudly Kampungite, will always be one.
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QUOTE(junky_man @ Oct 12 2011, 04:45 PM)
should send all the car makers to come here as well.
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Car maker is harder.

This is because car factory exists in an ecosystem where you have supporting industries such as automotive components etc.

Another big issue is................import tax.
TSKampung2005
post Oct 12 2011, 04:47 PM

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QUOTE(11c @ Oct 12 2011, 04:46 PM)
Not gong happen...
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F&N already launch new production line in Shah Alam, hence it is reasonable to see F&N to invest more in Malaysia. hmm.gif
TSKampung2005
post Oct 12 2011, 05:39 PM

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QUOTE(khelben @ Oct 12 2011, 05:38 PM)
SMART tunnel memang smart.
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Bangkok also has an added problem : it is built on a land formerly a swamp.
TSKampung2005
post Oct 14 2011, 02:00 AM

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QUOTE(scoop7 @ Oct 14 2011, 01:53 AM)
My company factory in Thailand under 2m of water since Monday.

I doubt investors will chose msia coz of tis flood. They knew Indo got earthquake still Toyota goes there
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Automotive sector relies on many factors, so it is impossible for them to move out of Thailand just because of this factor.

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