Miraka is strengthening its focus on Southeast Asia and looking for further development and partnerships in the region. Chief executive officer Richard Wyeth said that since 2011, milk supplied by its 100 contract farmers within an 85-kilometre radius of the facility had been exported to more than 23 countries.
“Despite being a young enterprise, 99 per cent of total annual revenues are from international markets, while of that which are in Asia [accounted for] around 60-70 per cent, and 30 per cent [was exported to] Southeast Asian countries,” he said.
Kusal Perera, Miraka’s general manager for business development and innovation, said: “For Thailand, we expect to see concrete progress within the next two years through local businesses and local consumer brands to build a strong dairy-nutrition platform. UHT [ultra-high temperature] milk is anticipated to grow, so the company is also seeking to work with strong local players like Dutch Mill.”
Posted: Fri 05 Jun 2015