F&N eyes market potential as it returns to Myanmar with Emerald Brewery

Singapore

CONSUMER group Fraser and Neave (F&N) has commenced operations of Emerald Brewery Myanmar as it seeks to take another crack at the fast-growing market.

Emerald Brewery, a joint venture between F&N and local partners, has established a greenfield brewery, lo-cated in Hlegu Township in Yangon, to brew Chang Lager Beer and distribute it to the rest of the country. This marks F&N's return to the Myanmar market after it previously sold a 55 per cent stake in Myanmar Brewery for US$560 million in 2015.