Fraser & Neave

Fraser and Neave, the Singapore-based brewing firm, has announced plans to invest 179.5 million MYR ($37.5 million) to build a dairy plant in Cambodia, with a focus on canned milk production. In a statement, the firm said it intended to lease 32,200 sq m of land, build the facility, and procure machinery for the production of sweetened beverage creamer. The “strategic move” aligns with the organic evolution of the business, …