The biggest coffee maker in Laos, Dao-Heuang Group is all set to expand its business in Thailand in 2015. The Laos-based company will be entering Thailand through a contract to grow coffee on a plot of land located in the North.
The latest move has been made as part of the company’s plan to improve its production capacity in order to meet an increase in demands after the Asean Economic Community launches in 2015. The vice president of the group, Boonheuang Litdang during a press conference said, “We will be growing coffee in Thailand in order to serve rising demand in Asean countries”.
The group is already a member of the Laos PDR Coffee Federation and will be teaming up with the Singapore Coffee Federation and other similar associations in order to set up an Asean Coffee Federation in the upcoming two months. The vice president went on to say that the move will also promote coffee products which are produced in the Asean to the global market.
Boonheuang also stated that the group is planning to invest 20 million baht in the coffee-roasting plant, which is located in Ubon Ratchathani’s Warin Chamrap district in 2014. The group’s first shop – known as the Tea Room by Dao Coffee – will be opened in May 2014 and will improve its position in the Thai coffee market.
Photo Credits: Chem