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Bogasari blends flour in Singapore |
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Main vehicle to expand into Asia-Pacific market
Bogasari, an Indonesian wheat flour producer which is the world's largest in a single location, has opened a flour blending facility in Singapore.
The $12 million plant in Tuas will be Bogasari's first outside Indonesia and will be its main vehicle to expand into the Asia- Pacific market.
Mr Franciscus Welirang, Chairman of Bogasari International Pte Ltd (BSI), said at the opening of the 4,510 sq m plant: "Bogasari's move to open a high-technology plant in Singapore speaks loudly about our confidence in the competitiveness of Singapore as a base for our future regional expansion." He said Bogasari already has future plans to invest in frozen dough products, premixes, trading of ingredients and other flourbased related products.
He also promised that the company will work closely with its business partners to offer high quality products and services which will create value to its customers.
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Mr Ko Kheng Hwa, Managing Director EDB, said that Singapore had succeeded in the past decades to attract global companies from the developed countries to "hub their investment and business activities" here.
He said EDB now sees excellent potential for another growth driver: Singapore as a springboard for regional companies to globalise.
"We can be a key global gateway for regional companies," Mr Ko added. |
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