Guan Chong expands capacity


The 20-year contract secured by its unit Metro Parking Management Philippines Inc would also include the construction of an additional 208-bays of steel deck parking structure in MBP - a bustling business hub in the affluent suburb near Alabang Town Centre, one of Metro Manila

PETALING JAYA: Cocoa processing company Guan Chong Bhd is betting on increasing demand for chocolate especially in Asia on the back of income growth and more people developing a taste for chocolate.

The company, based in Johor, is currently investing about RM70mil capital expenditure (capex) to expand the production capacity that would place it among the top-four largest cocoa processors in the world.

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